A Look At Starbucks (SBUX) Valuation As Same Store Sales And Margins Face Ongoing Pressure

Simply Wall St.01-14

Starbucks (SBUX) is back in focus after reports of continued same store sales declines and thinner operating margins, while options traders show unusually active, mixed positioning around the coffee ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2603641898?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/company-cover/34745-main-header/1756206036295","is_english":true,"pubTime":"2026-01-14 23:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2603641898","market":"us","top_or_hot":-1,"title":"A Look At Starbucks (SBUX) Valuation As Same Store Sales And Margins Face Ongoing Pressure","media":"Simply Wall St.","content":"<div>\n<p>Starbucks (SBUX) is back in focus after reports of continued same store sales declines and thinner operating margins, while options traders show unusually active, mixed positioning around the coffee ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/consumer-services/nasdaq-sbux/starbucks/news/a-look-at-starbucks-sbux-valuation-as-same-store-sales-and-m\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Look At Starbucks (SBUX) Valuation As Same Store Sales And Margins Face Ongoing Pressure</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Look At Starbucks (SBUX) Valuation As Same Store Sales And Margins Face Ongoing Pressure\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-14 23:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/consumer-services/nasdaq-sbux/starbucks/news/a-look-at-starbucks-sbux-valuation-as-same-store-sales-and-m><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starbucks (SBUX) is back in focus after reports of continued same store sales declines and thinner operating margins, while options traders show unusually active, mixed positioning around the coffee ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/consumer-services/nasdaq-sbux/starbucks/news/a-look-at-starbucks-sbux-valuation-as-same-store-sales-and-m\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SBUX","symbol_name":"星巴克","start_time":0,"source_url":"https://simplywall.st/stocks/us/consumer-services/nasdaq-sbux/starbucks/news/a-look-at-starbucks-sbux-valuation-as-same-store-sales-and-m","article_id":"2603641898","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/34745-main-header/1756206036295"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/consumer-services/nasdaq-sbux/starbucks/news/a-look-at-starbucks-sbux-valuation-as-same-store-sales-and-m","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2603641898","pubTimestamp":1768404541,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Starbucks (SBUX) is back in focus after reports of continued same store sales declines and thinner operating margins, while options traders show unusually active, mixed positioning around the coffee chain’s near term outlook.\nSee our latest analysis for Starbucks.\nAt a share price of US$90.56, Starbucks has posted a 30 day share price return of 6.10% and a 90 day share price return of 9.29%, yet its 1 year total shareholder return is roughly flat at a 0.11% decline. This suggests recent...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SBUX":"星巴克"},"translate_title":"同店销售额和利润率面临持续压力，星巴克(SBUX)估值一览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SBUX":1.5},"content_text":"Starbucks (SBUX) is back in focus after reports of continued same store sales declines and thinner operating margins, while options traders show unusually active, mixed positioning around the coffee chain’s near term outlook. See our latest analysis for Starbucks. At a share price of US$90.56, Starbucks has posted a 30 day share price return of 6.10% and a 90 day share price return of 9.29%, yet its 1 year total shareholder return is roughly flat at a 0.11% decline. This suggests recent momentum is building after a softer longer term period as investors weigh weaker same store sales, thinner margins and the mixed options activity. If Starbucks’ recent volatility has you thinking about diversification, this could be a useful moment to scan other consumer facing names through fast growing stocks with high insider ownership. So with flat one year returns, modest recent gains, and concerns around softer same store sales and margins already on the table, is Starbucks quietly undervalued here, or is the market already baking in whatever growth comes next? AdvertisementMost Popular Narrative: 3.8% Undervalued With Starbucks closing at US$90.56 against a widely followed fair value of about US$94.13, the current setup leans slightly below that narrative mark while hinging on execution of its turnaround plans. The Back to Starbucks strategy aims to improve partner engagement and reduce turnover, which is expected to enhance the customer experience and drive higher quality transactions, potentially increasing revenue and net margins.  \nThe rollout of the Green Apron service model, focusing on labor rather than equipment, is expected to improve throughput and reduce service times, leading to increased transaction growth, potentially impacting revenue and margins. Read the complete narrative. Curious how a service model tweak, higher projected earnings and a richer future P/E all feed into that fair value math? The full narrative lays out the exact growth, margin and valuation assumptions behind that US$94.13 figure. Result: Fair Value of $94.13 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, a 1% comparable store sales decline and a 450 basis point operating margin contraction from labor investments could quickly challenge that undervalued narrative if pressures persist. Find out about the key risks to this Starbucks narrative. Another View: Multiples Paint A Richer Picture That 3.8% “undervalued” fair value story runs into a very different signal when you look at Starbucks’ current P/E of 55.5x. That is above the US Hospitality industry at 21.6x, above peer average at 49.7x, and well ahead of a 39.1x fair ratio the market could move towards over time. If earnings or sentiment reset toward that fair ratio, today’s price could prove full rather than cheap. The question for you is whether Starbucks can grow into this premium or whether the multiple eventually needs to blink first. See what the numbers say about this price — find out in our valuation breakdown. NasdaqGS:SBUX P/E Ratio as at Jan 2026 Build Your Own Starbucks Narrative If you see the story differently or want to test your own assumptions against the numbers, you can create a custom Starbucks view in just a few minutes, then Do it your way A great starting point for your Starbucks research is our analysis highlighting 1 key reward and 5 important warning signs that could impact your investment decision. Looking for more investment ideas? Before you move on, consider taking a moment to explore a few additional ideas that might complement or challenge your view on Starbucks.  Scan for income possibilities and assess whether any of these 13 dividend stocks with yields > 3% suit the role you want dividends to play in your portfolio. Explore potential long term growth themes by checking out these 25 AI penny stocks that are connected to developments in artificial intelligence. Focus on value oriented opportunities by reviewing these 884 undervalued stocks based on cash flows that currently trade below what their cash flows may imply.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.1","shortVersion":"4.36.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2603641898","isCrawlerRequest":true}