Linh Nguyen's Contributor Page
Last Updated: January 29, 2021 (Prior to the 1Q2023 earnings release).
View: Bearish
Model Forecast Thesis: High Inflation and interest rates will continue to put pressure on wages rates and supply chain cost. To reflect this opinion, I have increased Product and Distribution cost by 100 basis point each quarter for 2023 for N.A segment. 200, 100, 50 and 50 basis point respectively for quarter 1,2,3,4 for the International Segment.
View: Bearish
Model Forecast Thesis: High Inflation and interest rates will continue to put pressure on wages rates and supply chain cost. To reflect this opinion, I have increased Product and Distribution cost by 100 basis point each quarter for 2023 for N.A segment. 200, 100, 50 and 50 basis point respectively for quarter 1,2,3,4 for the International Segment.
Starbucks products remain in high demand globally and there is an increasing food attach rate. To keep up with the increasing customer demand, management has announced a plan to open up to 45,000 stores by fiscal year 2025. To reflect this trend and plan, I adjusted net store openings plan until 2025 as well as I have increased my average revenue per store estimate by 75 basis points each quarter of fiscal years 2023, 2024, and 2025...click here to continue reading
| SBUX Linh Nguyen_.xlsx |
Linh is a passionate financial analyst from Vietnam. After graduating from Hue University, where he majored in Finance and Economics, he has spent more than 5 years working as Corporate financial analyst for Daikin Vietnam and Pepperl + Fuchs. He also passed the CFA level I in 2018. Being inspired by Warren Buffett, one of the greatest investors of all time, Linh has a strong interest in Coporate Finance and investment, as it combines his passions for fundamental analysis and financial modeling to help stakeholder control and make better decision in their financial resources. When he is not working with spreadsheets, he likes to spend time with family, swimming or enjoy some music.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.