Starbucks to Host 2022 Investor Day
June 13 2022 - 4:30PM
Business Wire
Starbucks Corporation (NASDAQ: SBUX) will host its 2022 Investor
Day in Seattle on Tuesday, September 13, 2022. The event will
feature presentations, as well as a question and answer session
with the company’s senior leadership team members, including Howard
Schultz, interim chief executive officer, and Rachel Ruggeri, chief
financial officer. The event is scheduled to begin at 7:30 a.m.
PT/10:30 a.m. ET and expected to conclude at approximately 3:00
p.m. PT/6:00 p.m. ET.
Due to limited capacity, in-person attendance is by invitation
only. The event will be webcast and all interested parties are
invited to access the webcast from the Events & Presentations
section of the company’s website. A replay of the webcast and
slides shown during the presentations will be available on the
company’s website the following day.
About Starbucks
Since 1971, Starbucks Coffee Company has been committed to
ethically sourcing and roasting high-quality arabica coffee. Today,
with more than 34,000 stores worldwide, the company is the premier
roaster and retailer of specialty coffee in the world. Through our
unwavering commitment to excellence and our guiding principles, we
bring the unique Starbucks Experience to life for every customer
through every cup. To share in the experience, please visit us in
our stores or online at http://news.starbucks.com or
www.starbucks.com.
Forward-Looking Statements
Certain statements contained herein are “forward-looking”
statements within the meaning of the applicable securities laws and
regulations. Generally, these statements can be identified by the
use of words such as “aim,” “anticipate,” “believe,” “continue,”
“could,” “estimate,” “expect,” “feel,” “forecast,” “intend,” “may,”
“outlook,” “plan,” “potential,” “project,” “seek,” “should,”
“will,” “would,” and similar expressions intended to identify
forward-looking statements, although not all forward-looking
statements contain these identifying words. These statements
include statements relating to trends in or expectations relating
to the effects of our existing and any future initiatives,
strategies, investments and plans, as well as trends in or
expectations regarding our financial results and long-term growth
model and drivers; our operations in the U.S. and China; our
environmental, social and governance efforts; our partners;
economic and consumer trends, including the impact of inflationary
pressures; the conversion of several market operations to fully
licensed models; our plans for streamlining our operations,
including store openings, closures and changes in store formats and
models; expanding our licensing to Nestlé of our consumer packaged
goods and Foodservice businesses and its effects on our Channel
Development segment results; tax rates; business opportunities and
expansion; strategic acquisitions; our dividends programs;
commodity costs and our mitigation strategy; our liquidity, cash
flow from operations, investments, borrowing capacity and use of
proceeds; continuing compliance with our covenants under our credit
facilities and commercial paper program; repatriation of cash to
the U.S.; the likelihood of the issuance of additional debt and the
applicable interest rate; the continuing impact of the COVID-19
pandemic on our financial results and future availability of
governmental subsidies for COVID-19 or other public health events;
our ceo transition; our share repurchase program; our use of cash
and cash requirements; the expected effects of new accounting
pronouncements and the estimated impact of changes in U.S. tax law,
including on tax rates, investments funded by these changes and
potential outcomes; and effects of legal proceedings. Such
statements are based on currently available operating, financial
and competitive information and are subject to various risks and
uncertainties. Actual future results and trends may differ
materially depending on a variety of factors, including, but not
limited to: further spread of COVID-19 and related disruptions to
our business; regulatory measures or voluntary actions that may be
put in place to limit the spread of COVID-19, including
restrictions on business operations or social distancing
requirements, and the duration and efficacy of such restrictions;
the resurgence of COVID-19 infections and the circulation of novel
variants of COVID-19; fluctuations in U.S. and international
economies and currencies; our ability to preserve, grow and
leverage our brands; the ability of our business partners and
third-party providers to fulfill their responsibilities and
commitments; potential negative effects of incidents involving food
or beverage-borne illnesses, tampering, adulteration, contamination
or mislabeling; potential negative effects of material breaches of
our information technology systems to the extent we experience a
material breach; material failures of our information technology
systems; costs associated with, and the successful execution of,
the Company’s initiatives and plans; new initiatives and plans or
revisions to existing initiatives or plans; our ability to obtain
financing on acceptable terms; the acceptance of the Company’s
products by our customers, evolving consumer preferences and tastes
and changes in consumer spending behavior; partner investments,
changes in the availability and cost of labor including any union
organizing efforts and our responses to such efforts; failure to
attract or retain key executive or employee talent; significant
increased logistics costs; inflationary pressures; the impact of
competition; inherent risks of operating a global business
including any potential negative effects stemming from the Russian
invasion of Ukraine; the prices and availability of coffee, dairy
and other raw materials; the effect of legal proceedings; the
effects of changes in tax laws and related guidance and regulations
that may be implemented and other risks detailed in the Company’s
filings with the Securities and Exchange Commission, including in
the “Risk Factors” and “Management's Discussion and Analysis of
Financial Condition and Results of Operations” sections of the
Company's most recently filed periodic reports on Form 10-K and
Form 10-Q and subsequent filings. The company assumes no obligation
to update any of these forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20220613005808/en/
Starbucks Contact, Investor Relations: Tiffany Willis
investorrelations@starbucks.com
Starbucks Contact, Media: Maggie Jantzen 206-318-7100
press@starbucks.com
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