Seeking Alpha

Profit potential at Starbucks impresses UBS

  • UBS raises profit estimates on Starbucks (SBUX +2%) for FY14 ($2.67 from $2.65) and FY15 ($3.16 from $3.11).
  • New initiatives, product roll-outs, and global growth channels all look set to deliver as promised, reasons the investment firm.
  • UBS on SBUX: "Starbucks remains among the best positioned restaurant names over the medium to long-term, with several enablers supporting a +10% top line, +15- 20% EPS growth."
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  • rich06969
    , contributor
    Comments (134) | Send Message
     
    Duh!
    19 Jun 2014, 09:50 PM Reply Like
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