Starbucks Corp (NASDAQ:SBUX) Earnings Model (Contributor Nirmal Patel)

Starbucks Corp (NASDAQ:SBUX) Earnings Model

Author: Nirmal Patel, Published: July 19, 2019 8:00pm Category: Earnings Preview (Fiscal 3Q2019)

Model Summary: Main assumptions include increased competition in China from Luckin and other companies, an economic downturn in Europe, and slightly better sales in the U.S. driven by recent changes to their customer loyalty program and new beverage launches. Overall view on Starbucks is neutral.

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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.

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