Rishi Mendiratta's Contributor Page
Last Updated: Prior to the 2Q2021 earnings release
Model Forecast Overview: I changed the net new company-operated, licensed stores to increase to 15 and 17 stores because Starbucks will have a high amount of demand post-COVID and will need to open far more stores to meet that demand. I increased the comp-store sales for international and domestic because once jobs open, people will spend more on coffee, and stores will make more money. I increased the restructuring and impairment cost because the cost of making Starbucks post-pandemic friendly...click here to continue reading
Model Forecast Overview: I changed the net new company-operated, licensed stores to increase to 15 and 17 stores because Starbucks will have a high amount of demand post-COVID and will need to open far more stores to meet that demand. I increased the comp-store sales for international and domestic because once jobs open, people will spend more on coffee, and stores will make more money. I increased the restructuring and impairment cost because the cost of making Starbucks post-pandemic friendly...click here to continue reading
| SBUX Earnings Model - Mendiratta.xlsx |
Rishi Mendiratta is a sophomore at Rutgers University pursuing a double major in Finance and Computer Science. He is passionate about the leveraged finance product group as well as using code to solve real-life issues. In his free time, Rishi enjoys building something with his hands, watching football, or just having a catch with his friends. Feel free to reach out to him at rishimendiratta24@gmail.com to discuss this model or to make a new friend.
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.