SBUX: What's Going on Next?

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SBUX: What's Going on Next?

$Starbucks(SBUX)$ A mall in Florida has 3 Starbucks and at least 12 other refreshment places like ice cream, bubble teas, etc and they were all packed.

And they weren't even tourists but just families hanging out and sipping drinks and enjoying the weekend.

A 1.8% revenue drop is just a bit higher than the noise but not something to sweat about since share count is down significantly. I hope they bought back more shares last week like I did.

Comparing the cost of what other stores charge, SBUX is about the same or even cheaper. [Happy][Happy][Happy]

That tells me SBUX is the standard for premium pricing.

In the years that an largest cold brew went from $6 to $8, grocery bills gone up about 3x as much. One cannot have wage increase, rent increase, supply increase, tax increase, and increase in general costs of doing business and not expect some of those costs being passed onto customers.[Smart][Smart][Smart]

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JessieTheresa
·05-06
Glad to hear that Starbucks is thriving in Florida!
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Leoopl
·05-06
Wow, your insights on Starbucks are really spot on.
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Alex Tan
·05-06
very informative
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And they weren't even tourists but just families hanging out and sipping drinks and enjoying the weekend. A 1.8% revenue drop is just a bit higher than the noise but not something to sweat about since share count is down significantly. I hope they bought back more shares last week like I did. Comparing the cost of what other stores charge, SBUX is about the same or even cheaper. [Happy][Happy][Happy] That tells me SBUX is the standard for premium pricing. In the years that an largest cold brew went from $6 to $8, grocery bills gone up about 3x as much. 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