A couple of days ago, Starbucks was upbeat hosting its 2020 Investor Day, at which the company announced that it will be rolling out an oat milk platform in 2021. At the same time, CEO Kevin Johnson also reported that US comp sales are currently negative low mid-single digits and that they’ve softened further in December as COVID infections have climbed nationally causing many states to mandate further closures. He also advised that they are slowly converting many of their cafe units to drive-thrus, with their total system now at 35% drive-thrus. He projected that by 2024, 45% of the company’s units would have drive-thrus. Further, Johnson announced that they are planning more stores worldwide, especially in China, via licensees, as well as in the central US which they see as “white space” currently. As a guest on CNBC Squawk Box yesterday, Johnson spoke on the company’s projected rebound in 2021.