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11 pts

Opinion on  Starbucks Corp (SBUX)     Sector: Services  >  Industry: Restaurants
Starbucks will see drop in sales

Sep 17, 2008 06:14 PM UTC
Cute596
M K
Return Risk
-5.15% LOW
Associate

Starbucks has developed too many stores in the recent years.  They have recently scaled back and shut down many stores.  With the inflation we will be experiencing and the loss of jobs, Starbucks patrons will not be driviing to get coffee as much and this is going to hurt them in a big way.


Update 09/17:

Starbucks has developed too many stores in the recent years.  They have recently scaled back and shut down many stores.  With the inflation we will be experiencing and the loss of jobs, Starbucks patrons will not be driviing to get coffee as much and this is going to hurt them in a big way.


SBUX:  This call was made on 09/17/08 @ $15.72
Rating:   Negative   $15.72 (09/17/08)
Closed:   09/19/2008 @ $15.985 (-1.69% in 2 days)


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Who voted on this idea?
asawadude N/A 09/20/2008



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M K previously rated SBUX
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