SBUX should come in at estimates. I doubt any big swings. I couldn't tell what happened in Europe (germany, spain, bulgaria ) seem to be their only exposure. Strong American sales.
My friend, they only have a couple hundred stores (less than 1%) in the weak Europe countries. And their real growth/strength has been in China, India and S.America. The US sales will be very good.
and they have 147 store there according to your own numbers....Austria 23Belgium 2Bulgaria 2Cyprus 9Czeck 9Denmark 2France 48Germany 147Greece 74Ireland 29Netherlands 3Poland 3Portugal 3Romania 7Russia 17Spain 79Switzerland 45Turkey 120Couple of hundred my stinking foot! Where did you learn how to count, University Of Phoenix? LMFAO!
terrible numbers will affect their bottom line. Also they are locked in at higher coffee prices I believe. Another negative is competition seems to be very tough from DNKN. Especially cold drinks. Will be very interesting. GL hedge with calls/puts
why do you think they're doing so well? They're killing SBUX!