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More from Starbucks' FQ3 miss: The firm lowers guidance for FQ4 to EPS of $0.44-$0.45 (vs....

More from Starbucks' FQ3 miss: The firm lowers guidance for FQ4 to EPS of $0.44-$0.45 (vs. $0.48) and revenue growth of 10-12% to "reflect the difficult economic environment all global retailers are confronting today," but affirms earnings growth of 15-20% in fiscal 2013. U.S. same-store sales up 7%; global up 6%. SBUX now -8% AH.

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Comments (14)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    SBUX will need to cut their prices, and this will lead to margin pressure.
    26 Jul 2012, 04:18 PM Reply Like
  • wigit5
    , contributor
    Comments (4216) | Send Message
     
    Weird that Same store sales both US and global up and they missed...
    26 Jul 2012, 04:43 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9973) | Send Message
     
    W,
    Agree. And the same will hold true for many US corporations as well. Many will need to cut prices if they want to maintain revenues.
    27 Jul 2012, 01:40 AM Reply Like
  • Snoopy1
    , contributor
    Comments (1118) | Send Message
     
    Funny part is that the clowns on CNBC's Fast Money lunchtime show recommended viewers buy before the report. Ouch!
    26 Jul 2012, 04:40 PM Reply Like
  • montanamark
    , contributor
    Comments (1444) | Send Message
     
    much of this is clueless and arrogant management; they over expanded in asia and europe right before the slowdown, they also locked in high coffee prices; prices have fallen over 50% the past year and yet sbux received no benefit;
    they are floundering around spending millions to buy bread stores and selling juice and alcohol and even vending machines - what is their focus
    howard is always vaguely blaming politics but this is his admin that he has long supported
    26 Jul 2012, 05:01 PM Reply Like
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Buy. That's a suggestion. I don't have a clue.
    26 Jul 2012, 05:14 PM Reply Like
  • Nolesince87
    , contributor
    Comments (262) | Send Message
     
    People don't seem to understand that we are starting to decelerate economically. The stock market is painting a VERY false picture of economic reality, just as it did in 2007 before the great tank.

     

    I see GDP well below 1.8% tomorrow, unless they finagle the number... it will be negative within 1-2 qtrs.
    26 Jul 2012, 06:42 PM Reply Like
  • Brendan O'Boyle
    , contributor
    Comments (1199) | Send Message
     
    Very early to buy SBUX, don't buy an overpriced stock just because it got 10% cheaper.
    26 Jul 2012, 06:46 PM Reply Like
  • Tempo Dulu
    , contributor
    Comments (322) | Send Message
     
    SBUX's could collapse when people realize that the best coffee is black no sugar, and you can make it at home for a fraction of the cost of a Starbuck's coffee.
    26 Jul 2012, 09:59 PM Reply Like
  • speedipusrex
    , contributor
    Comments (34) | Send Message
     
    LUV MY DAILY TRIPLE CARMEL MACHIATO
    27 Jul 2012, 02:33 AM Reply Like
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Yes!!!!!!!!!!!!!!!!
    28 Jul 2012, 02:42 PM Reply Like
  • speedipusrex
    , contributor
    Comments (34) | Send Message
     
    78 year old still working physician. I manage my own Ira and in these difficult times have a 10% return with oil royalty trusts, merits , mlp and sdrl the deep water provider of drilling equipment. SA has been my most productive source of investment ideas.
    27 Jul 2012, 02:40 AM Reply Like
  • dividend_growth
    , contributor
    Comments (2899) | Send Message
     
    SBUX is fine, it's just that WS had unrealistic expectations and pushed the stock too high.

     

    SSS of 7% is an excellent number.

     

    Long term revenue and earning growth of 10-15% is excellent.

     

    Wherever I go, Starbucks store is always packed.

     

    At 15000 total stores, Starbucks has a long way to go before matching McDonald's 40000 (which still has plenty of room to expand).

     

    At a P/E of 20, SBUX will be an Ok buy; at 15, it will be a steal.
    27 Jul 2012, 06:12 AM Reply Like
  • bill clintoon
    , contributor
    Comments (13) | Send Message
     
    Maybe............I'll spring for a "white chocolate moca" today...
    if their willing to bill me into 2013.
    27 Jul 2012, 12:50 PM Reply Like
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