SBUX : Added on to the positionFundamentals
Pros:
Solid Financial Performance: Starbucks boasts a market cap of $105 billion and an enterprise value of $140 billion, supported by a net income of $4.1 billion in 2022 and free cash flow of $3.2 billion. These figures highlight the company's profitability and cash-generating
0.16 USD
3.01 B USD
28.95 B USD
About Starbucks Corporation
Sector
Industry
CEO
Brian R. Niccol
Website
Headquarters
Seattle
Founded
1985
ISIN
ARDEUT111481
FIGI
BBG000HGBVZ6
Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: North America, International, and Channel Development. The North America segment focuses on the United States and Canada. The International segment is involved in China, Japan, Asia Pacific, Europe, Middle East, Africa, Latin America, and Caribbean. The Channel Development segment includes roasted whole bean and ground coffees, Seattle’s Best Coffee, and Teavana-branded single-serve products. The company was founded by Jerry Baldwin and Howard D. Schultz on November 4, 1985, and is headquartered in Seattle, WA.
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Sunday Prep 10/31 - $SBUX Corelated w Consumer Discretionary ETFI know this move down on the earnings report might seem overdone, but you have to remember where that Consumer Discretionary ETF ($XLY) is trading. If that sector is about to roll over and fall back to support, a name like this is very likely to have some more downside. I think any push back to high
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