What Happened To Starbucks Stock? ...
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- Опубликовано: 3 май 2024
- Today we take a look at #Starbucks #SBUX #Stock after the company's earnings. Overall the Q2 numbers were a disaster for the company and a far cry from guidance set last year. We discuss what went wrong at Starbucks.
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My daughter works at Starbucks and has been telling me about the issues for a while. The reason the app shows high wait times is because the baristas don't use the system that tracks wait times. They have to swipe on an iPad screen that's usually located on the other side of the floor from where they make the drinks. In peak times, they don't have the time to do that between orders, leading to grossly inaccurate wait times in the app. Additionally, the screen sometimes won't work because the baristas have stuff on their hands. If you've read the business classic, "How the Mighty Fall," the signs are all there. The CEO comes across as having a Harvard MBA but never working a real job a day in his life. Leadership is so disconnected from reality on the ground. It's really, really bad. Leadership is trying solve problems they don't even understand. Cramer is right - the threats to SBUX are existential. Don't think it can't happen.
Really insightful. Not to mention the price gouging they are trying to inflict on their customers in this inflationary environment is unfair to their consumers.
Great info, thanks Jeff
I have such a knack for buying stocks right before they drop 10+%
It's a special talent. I too have the same talent.
We fade material
You need to buy when everyone else is selling.
You have a FOMO PROBLEM 😂
@@KenjiEspresso is it treatable 😂
Starbucks's problem is their regular coffee is over $4, and their specialty coffee is over $7. Who can afford these prices in the current climate? My rent has gone up %20 in the past 2 yrs, not to mention insurance prices and food prices. If you buy the best coffee and creamer from the grocery store, you can make a really good coffee at home for about 50 cents a cup. I thinks SBUX is a luxury purchase in these times for most people. I don't see their numbers improving anytime soon.
You gotta move there’s cheaper places.
@KenjiEspresso , there are also cheaper coffee alternatives...I think many would rather have a better place to live and make coffee at home than live somewhere worse to afford Starbucks.
Not to mention they support the ongoing Israeli genocide
Yup all the talk about wait times and optimization are not going to fix the problem. They either need to lower prices or expect more of the same IMO
Need to increase quality.
I’ve bought aggressively at 73 but will add way more if it drops to 50ish as you said
At least need a year or two to reach $100.
I used to go to Starbuck to study, buying coffee and snacks. Right now, after covid-19, the prices went up a lot. Just make coffee at home and maybe use the saved money for investment.
Lower the CEO Bonuses, Wages, and Parachute Stock packages,
Lowering CEO wages won’t change anything as much as I agree that CEOs are overpaid.
I think starbucks is suffering heavily from external factors just like disney was with the actor's strike. My sister and sister in law used to have starbucks every day if not multiple times a day now they haven't had it in months because of the boycott. I got disney at 80 at the peak of the hysteria and i think starbucks is in a similar position because just like the actor's strike all of this will blow over soon. I think 70 is a great price to buy and 60 is a "back up the truck moment" as ud say
SBUX at current price is pretty good. It may take 2-3 years to reach 100, but if you buy at 73, 35-40% return in 2-3 years will definitely beat the market
I’m with you.. I’ve come to the realization that most non-tech type of cyclic stock is not for long-term hold… after all, if the long-term return is less than SPY500, what’s the point? I wonder how much Colins has gained since he’s holding SBUX. I would try to buy when PE was low and sell when PE has reached a higher level. (Not a long term hold)
But Starbucks IS a tech stock, as well as being a financial stock. Look at Starbucks Odyssey and their beta programme using NFTs. It might come back, but it was refreshing to hear their Global CEO, Brewer, discuss the Polygon blockchain, integrated into the rewards programme.
They’re essentially a bank, look at their breakage returns from gift cards as well as short term loans in the form of those prepaid cards loaded into the business. It’s a 0% interest loan given to Starbucks from its customers.
They’re not a write off by any means, this is a moat in ways most people can’t see quite yet. Coffee may well be a bridge to a new frontier in the next decade.
My comment was deleted because it mentioned Polygon, I think. Anyway, look up Starbucks Odyssey and you’ll quickly discover that there are executives thinking about more than just coffee in Starbuck’s future.
This is a tech play and a financial play, but you need to look at it as a long game, with probably some lackluster price movement for quite some time until they cross the bridge into a wider moat.
I personally stopped going there and used to be a regular. I wasn’t too impressed with the recent interviews with the CEO and the CFO. They seemed a little out of touch with what would turn things around.
Thanks Colin, love the Fanng stock, bleeding edge and your "other" stock content. Any chance of a Reality Income video post Monday results? I think you had a position before you sold for brownstone.
Great video! I still think SBUX looks good at these levels, especially for long-term holders! Most of the problems are fixable, even management!
Coincidentally I’m watching this in a Starbucks.
Are people starting to be careful with excess 💵??
After the CEOs disaster interview with Jim Cramer where he had no good answers and just said "We'll do deals in the app," I'll be staying far away.
Great work Colin! Love me some SBUX, but it's getting harder to invest in the company. Hope they can right the ship!
Starbucks doesn't have the wide moat that people think. Anyone can sell mediocre coffee and less-than-mediocre pastries.
Starbucks should incorporate more AI and robots into the business. With all this labor union bs demanding more money and benefits, its just not worth having people around anymore. They have to revolutionize the experience to be faster and more efficient.
Starbucks already is heavily invested in AI man. It's not really possible for them to dig into "robots" with the turnaround they need. What robots? Who will make them? What's the price point? All these questions and the R&D needed alone are too much too late.
Nice to have a non tech review👍
Head and shoulders. CC debt is the highest in history due to inflation. People are tapped out!
going to 57.40$
Yup! GO WOKE!! GO BROKE!!!
Pro 🇮🇱 is woke? Lol
The average American doesn't care about them being 'woke' and I'm not sure why everyone thinks they're so woke. It's just getting expensive.
Hi Colin, can you do a review of APD?
After this last earnings week, I have come to realize that long-term investors holding companies linked to China offer much greater risk than it's worth (culture, communist dictatorship, potential future tariffs). i.e. SBUX fell much further than normal because of the decline of buyers in China (11%), cheaper competition (Tim Horton's), and the CEO being a complete choad in the recent interview (going against Buffets criterion for holding stock). For these reasons, I have decided to minimize risk and sell completely out of SBUX and NKE...the only exception being AAPL who has the sense to pivot to India. Just my recent thoughts...not hating those who still wish to hold the stocks mentioned.
If anything. China was the reason why Starbucks has been making so much profit in the first place.. if you talk about culture, ppl there love American brands more in most major cities.. third, it is the US imposing tariffs on most Chinese products not the other way around…
Every SB I’ve been to seems to have a required token transmission person. 😂
Everyone that works at night drinks energy drinks. Nobody wants a 500 calorie coffee at 2am
There should be 99cent coffee for the rest of us at starbucks similar to chicken of Costco @ 5$
If Starbucks invest into roboarms to make orders and set up kiosk stations for payment, this company will do good.
Hi,
Highly appreciate your videos. Please see if you can add the information such as Intrinsic value to your videos. It will give us a perspective that its selling on discount or premium.
Thanks
Starbucks kept using its pricing power to raise cost of their coffee, the coffee is to expensive.
it's funny cause after last earnings the stock shot up and I was thinking who thinks that expensive coffees will gain momentum in this climate. The only country I've seen that Starbucks is booming was China where they charge the same for a cup of coffee (around £4 or $5) while the people earn a lot less.
Starbucks Coffee saved my Life! I’m going all in! 😂❤
Does it make sense to buy one share as a newbie just to gain some experience?
If you only want to invest around $70, I would suggest buying partial shares of a few different companies to diversify a little bit. But I think it is a good idea to get some money in the stock market. Once you have some skin in the game, it will make you want to get more involved and learn more about the stock market.
The biggest problem I have a Starbucks is I just like black coffee and it’s too damn strong.
Never ever
I would love to see it at 65 :))))
Or some ppl choose to boycott due to Israel issue
From the river to the sea 🌊
lol that ain’t what Starbucks workers look like
🙄 very orginal
@@WanderingExistencethere isn’t even denial in your response
@@nope5397 There is 🙄
I am not sure how no one has mentioned the boycott starbucks is facing here!
because people buy coffee and experience not to be political like you.
terrible management, avoid until they got rid of
Starbucks lost huge market share in Asia Pacific due to lots of cheap competitor. This stock still can go down more, don’t buy !
Why would you add a stop loss? If you believe in the company, why not buy even more if it breaks below 70? Why on earth would someone intentionally lose money? Just keep buying :)
What you believe can be wrong. The best investors are humble.
@@TheInvestorChannel That is absolutely true. But what you're suggesting is trading, not investing, would you not agree?
Sell it and buy ultrabeauty.
Starbux, Disney and Nike.......All went woke and now look at them. LOL
People finally realizing why they are overpaying for coffee that taste like p*ss
Over valued stock, let's put in into perspective "they sell over priced coffee". They produce nothing.
No more starbucks!
#boycottstarbucks #bdsmovement
would not touch...
who is the girl in the thumbnail of this video? that's what I'm wondering about :P
Hehe, believe it or not - she’s AI generated
@@TheInvestorChannel - that makes sense! lol. I was thinking she should be a model... what is she doing working at starbucks haha
@@TheInvestorChannel - you got me to watch the video lol
Let's just ignore that its because of there support of israel.
I have 1/4th of my net worth in call options wish me luck boys
oh boy. It’s in a head and shoulders. Not looking good.
@@escapegrl1 I’m not worried
@@escapegrl1 however if I’m wrong I’ll come back and own up to it, then just buy it at the actual bottom and make it bakc
funny is that what ever they call an innovation is just simplification could be done by any manager and they haven't done it till today :)