Sure. Because now it's $5.09 nobody will drink it anymore. Overall retail sales are up less than 4% year/year, let alone same store numbers. When Starbucks starts doing worse than average I'll listen to that argument.
As far as I can tell, this management team got it where it is and the only thing changing from one month to the next is the share price. Sometimes it's too high, other times it isn't.
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Sure. Because now it's $5.09 nobody will drink it anymore. Overall retail sales are up less than 4% year/year, let alone same store numbers. When Starbucks starts doing worse than average I'll listen to that argument.
Aug 02 15:30 pm
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All Comments by William Trent1 »Starbucks' Earnings Reaffirms Solid Long-Term Prospects [View article]
As far as I can tell, this management team got it where it is and the only thing changing from one month to the next is the share price. Sometimes it's too high, other times it isn't.