Added to YB: 2025-01-31
Pitch date: 2025-01-29
SBUX [neutral]
Starbucks Corporation
-19.62%
current return
Author Info
Top Corner Investing writes about businesses with competitive advantages that have outperformed the market for a number of years. Sign up for the newsletter.
Company Info
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee internationally.
Market Cap
$94.8B
Pitch Price
$106.18
Price Target
N/A
Dividend
2.97%
EV/EBITDA
13.02
P/E
51.17
EV/Sales
3.17
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Starbucks – What’s Next?
SBUX (overview): Niccol's 'Back to Starbucks' plan aims to revive US biz after missed targets. FY24 EPS -7.5%, Q1'25 -23%. SSS -2% FY24, -4% Q1'25. Focus: simplify menu, improve experience, new marketing. Valuation 30x LTM P/E assumes turnaround success. US store count could double. Margin expansion on hold.
Read full article (5 min)