Starbucks Corp (HKSE:04337)

HK$ 58 0 (0%) Market Cap: 865.31 Bil Enterprise Value: 1.04 Til PE Ratio: 29.66 PB Ratio: 0 GF Score: 92/100

Starbucks Corp at JPMorgan Gaming, Lodging, Restaurant & Leisure Conference (Virtual) Transcript

Sep 15, 2020 / 02:30PM GMT

Release Date Price: HK$58

Transcript

John William Ivankoe

JPMorgan Chase & Co, Research Division - Senior Restaurant Analyst

Hi, it's John for JPMorgan. Thank you, everyone, for joining the Starbucks session this morning. Joining -- with Starbucks is Pat Grismer, the company's Chief Financial Officer, who I believe will start us off with some slides.

Patrick J. Grismer

Starbucks Corporation - CFO & Executive VP

Thank you very much, John. I do appreciate the opportunity to participate in today's session.

Before we do get started with our fireside chat, I do want to provide a quick update on our sales recovery in our 2 lead growth markets, the U.S. and China. So I'm going to first share my screen. So if you'll bear with me, that's set up here. And hopefully, you can see the slides.

I will be speaking to these slides that will soon be posted to our Investor Relations website. So I'll lead with our standard cautionary language as I will be making some forward-looking statements.

But starting with the U.S., our sales recovery is sustained, with comp sales

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