Starbucks Corporation (NASDAQ:SBUX) Q3 2023 Earnings Call Transcript

A – Laxman Narasimhan: So thank you for your question. As I said earlier, we see significant margin improvement opportunities at work that will come to productivity. We’ll set the appropriate details of this at a later point. But I can just tell you this, as I look at the investments we’re making in store, but importantly, what we see about the store. We have opportunities. So I feel very good about the 15% to 20% earnings growth.

Operator: Thank you. That was the last question. I will now turn the call over to Laxman Narasimhan for closing remarks.

Laxman Narasimhan: Thank you all for joining us on this third quarter 2023 earnings call. I deeply appreciate it, and I look forward to seeing you all in November. Until then, thank you.

Operator: Thank you. This concludes today’s conference. All parties may disconnect. Have a great evening.