Starbucks First-Ever China Investor Conference Highlights Accelerated Store Growth in its Fastest Growing Market, Doubling to 6,000 Stores by End of FY2022
 
May 16, 2018
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  • Starbucks accelerates net new store growth to 600 per year, expanding to approximately 100 new cities to reach 230 cities across Mainland China by end of FY2022
  • Expects to more than triple revenue and more than double operating income in China over the next 5 years, relative to FY2017
  • Announces the launch of new Starbucks® chilled cups this June as part of plans to expand Ready-to-Drink premium points of distribution to 125,000 in 400 cities
  • NestlĂ© Global Coffee Alliance to further extend Starbucks reach and scale throughout China
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