Yes received it this morning
As did I. Thanks
Starbucks CEO seems lost. What do you think?
He seems to neglect the simple fact that he is pricing out his customers.
Agree. Perhaps the former CEO will step in, as he did many times in the past when the company was struggling.
Ive been adding more on the way down., its a no brainer IMO
looks like we are working our way through the volume down to the low of $71
also lines up with possible support line
its not like coffee is going anywhere, and its Starbucks. yea the coffee may not taste the greatest but they know how to keep making people buy more
dunno. I think overpriced coffee is on the outs. Plus that payout ratio looks uncomfortbly high. I dont see too many more high single digit divy raises left here.
Who knows.
I’m still quietly confident in the long term.
Hopefully once people start feeling money in their pockets again as interest rates drop and go out spending we will see things improve
I’m still holding SBUX. Will add more to my holdings if I can at some point.
The appointment of Brian Niccol as new CEO set Starbucks is on fire.
Burn baby, burn!
Starbucks needed to “fundamentally change” to bring back customers, Mr Niccol, who took over as chief executive in September, said.
“We will simplify our overly complex menu, fix our pricing architecture, and ensure that every customer feels Starbucks is worth it every single time they visit.”
I think this CEO will do an excellent job. My only objection to an investment would be the easily replicable business model and, of course, the stock price, which doesn’t seem reasonable given the current situation.
They’re due to report in a few days, but I’m not sure investors will have any pleasant surprises—maybe not yet. But who really knows for sure?