CEO says casual shopper is dead 5% growth is not worth 30 p/e
will have to close stores near dying strip malls and regular malls
Green Mountain is eating their left and Dunkin is eating their right.
See you at 50-60 this summer.
You are an idiot, The growth of 5% was when most major retailers had negative to 1.5% comps. Better than 3 times the average. Note profits grew at 25%. This is good management that knows how to build and run a business. The forward growth is what you invest in not the past 12 trailing months. The growth from China alone will drive positive comps going forward for many, many years. New concepts will drive growth as well. The food has not rolled out to a major piece of the business yet as well. The economy will grow around 3% GDP this year. Yeah it will be awful. LOL. Target $100 in 12 months.
Sentiment: Strong Buy
let's try to stick with facts, shall we?
5% growth? revenues in the qtr grew 12% (profits up 25%)
guidance for the rest of the fiscal year is 10% revenue growth
what in hell does "deteriorating infrastructure" supposed to mean (other than you're a desperate short)?
green mountain isn't even in the same business, although starbucks does get a nice chunk of their K cup business
and dunkin, yes they are loved in the northeast, but let's see what happens when they try to go head to head with starbucks in their homeland (western US)
i do have a prediction for summer though - we won't see your wrong #$%$ around here
In and out of sbux since 1998. Made a LOT of cash over those 15 years.
Yellow.snow.ball here looks like a newbie but his type is very familiar. They claim it's over for sbux, they hang for a bit sometimes but they get tired of being wrong and eventually they move on and/or change IDs
Hey joeytee2002 how long are you holding SBUX ? I was now browsing through some very old posts from 2009 and I think I saw your name. Also, how long is this loser, you know who , here ? Thanks and cheerz