SBUX

rffrydr · Posted: Sat Dec 29, 2007 8:35 pm Post subject:

Italy, the last standout:

http://www.ft.com/cms/s/0/fb8c6da0-b41d-11dc-a6df-0000779fd2ac.html

http://www.ft.com/cms/s/0/56ef6652-b3dd-11dc-a6df-0000779fd2ac.html
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rffrydr · Posted: Mon Jan 07, 2008 11:58 pm Post subject:

The new old go-to guy:

http://biz.yahoo.com/ap/080107/starbucks_ceo.html
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rffrydr · Posted: Tue Jan 08, 2008 7:25 am Post subject:

The new egg-mcmuffin vs. the new coffee:

http://ftalphaville.ft.com/blog/2008/01/08/9993/starbucks-not-lovin-it-for-desking/

--A third space it's not.
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rffrydr · Posted: Sat Feb 02, 2008 8:34 pm Post subject:

No inflation here:

http://news.moneycentral.msn.com/ticker/article.aspx?Feed=ACBJ&Date=20080123&ID=8083188&Symbol=SBUX
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nodoodahs · Moderator Joined: 06 May 2005 Posts: 1737 Location: TX

http://www.guardian.co.uk/business/2008/feb/26/starbucks

IMO it won't help a darn bit with the coffee quality. Their roasting process is why their coffee is so bad. Burning the beans in search of a "consistent" roast is NOT the solution.
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rffrydr · Posted: Wed Feb 27, 2008 10:16 am Post subject:

The new and improved Starbucksss--without the egg mcmuffin:

http://www.nytimes.com/2008/02/27/business/27sbux.html?em&ex=1204261200&en=909641f3908cf4dc&ei=5087%0A
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Vigile · Newbie Joined: 17 Feb 2008 Posts: 6

Just started a new thread. I didn't realize that there was already an SBUX thread: http://www.marketthoughts.com/forum/sbux-makes-for-a-great-short-here-t8890.html
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rffrydr · Posted: Wed Mar 19, 2008 1:34 pm Post subject:

http://www.reuters.com/article/businessNews/idUSN1932070520080319

rffrydr · Posted: Fri Apr 11, 2008 10:59 pm Post subject:

McDonald's is giving away a free medium iced coffee with any purchase on 4/15/08 to "celebrate" tax deadline. No coupon needed. Enjoy!
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HenryTo · Posted: Tue Jul 01, 2008 3:14 pm Post subject:

Starbucks to close 600 stores and slash as many as 12,000 positions. Stock up more than 5% in AH trading:
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Starbucks to cut as many as 12,000 positions
Tuesday July 1, 4:33 pm ET

LOS ANGELES (Reuters) - Starbucks Corp (NasdaqGS:SBUX - News) said on Tuesday it plans to close another 500 underperforming stores and eliminate as many as 12,000 fill- and part-time positions.

The company, which now plans to close a total of 600 underperforming stores, will take related charges totaling more than $325 million.

The majority of the stores will be closed by the end of the first half of its fiscal year ended September 2009, the company said.

Starbucks said 70 percent of the stores targeted for closure have been open since the beginning of fiscal 2006.

Starbucks estimated the total pretax charges associated with the planned U.S. company-operated store closures, including costs associated with severance, would be in the range of $328 million to $348 million.

Starbucks also said it will open fewer than 200 new U.S. company-operated stores in fiscal 2009, down from 250 previously.

diesel · Posted: Tue Jul 01, 2008 9:11 pm Post subject:

Cant say I am thrilled this is the direction they have had to head down. No doubt the balance sheet will thank them but what about growth. Starbucks the new value play?
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rffrydr · Posted: Tue Jul 15, 2008 9:02 pm Post subject:

Introducing the Sorbetto:

http://www.latimes.com/theguide/restaurants/la-gd-sorbettos15-2008jul15,0,6848140.story
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HenryTo · Posted: Fri Jul 18, 2008 10:52 am Post subject:

Full list of Starbucks closures:

http://www.starbucks.com/aboutus/pressdesc.asp?id=882

In other news, there's no doubt that the Starbucks brand is now commoditized (it deserves to be trading at a McDonalds type of P/E) but I tried the new Vivanno drink (orange-mango-banana) yesterday just to see if this had a shot of salvation (never mind that every neighborhood store is now offering similar type of drinks). Just my two cents but I found it to be very blend from a taste standpoint - which matters a lot since those who frequent SBUX are now exactly "health nuts." Other opinions are welcomed!