Starbucks Corp (SBUX)

I believe, even without the state of our economy, Starbucks has lost it's way! I know the mission statement and guiding principles well "in theory" Starbucks has lost the meaning of what it stood for and where it was going. Wasteful training hours and dollars going to "restructuring" , the mere cost of a coffee is ridiculous given the huge markups for the benefit of a profit, I rarely see any type of recycling or measures to eliminate the huge amount of trash each store produces even though programs are available to them and I don't believe a multi-million dollar company should be run by a 20 year old partier! Hard working people were laid off because they didn't fit the click and now it's one huge expensive party at the customer and stock holder's expense. I think the consumer is smarter than that!

correction will take place

I used to work for Starbucks, and hands down, they're the smartest company I've ever worked for. Starbucks will meld and adapt to, while innovately changing, the business world it operates in, and I give the company a thumbs up. However, with the price of this volatile stock at a 52 week high-- given the current state and future of the economy and commercial real estate market, this is a short-term downgrade until the stock price gets back to a fair value

The age of Starbucks is over, thank goodness. Oh sure, sure, that corner spot in the strip mall is worth 5 times book value because there's a Starbucks in it slinging overpriced coffee beans that they screwed an African farmer out of. Not a lot of debt, but I don't care. 52 week high during a recession for a luxury coffee chain is a major faux pas.

I love the coffee, but I just feel that the stock is too expensive at near $20.00 given the high PE. As a longtime Starbucks customer, I think they are also hurt by the fact that they've never figured out how to sell decent food with their coffee. I'd much rather go to Panera for a bagel after I pick up my Starbucks coffee.

too expensive, nobody wants to go out and spend $5 on a cup of coffee in this economy

Long term this is a loser, too many locations canibalizing each other, strong competition from a number of outlets. Perhaps if they make a move into a little more food and not just cookies & cakes it could help. But they have slow table turns and it makes the place look busy, but when someone is surfing the internet for two hours while they sip A cup of coffee, thy are not making the store money.

The fad is dying

Betting the farm on INSTANT coffee sounds like
more than an up hill battle here in the usa.
good luck
short to $12
tim

I never liked starbucks, now with this p/e i get a chance to short it too! yeay!

My favorite coffee, but has run up too much.

Bad coffee - it really sucks and is overrated. I'm a coffee addict - but no stars for me - never!!!!!

HN

Unemployment is climbing faster than the government will admit, and consumer credit is contracting. Neither of these conditions bodes well for a premium coffee house like Starbucks.

HT GMX
Ridiculous P/E

Unsure if Starbucks future in this economy...

Overpriced coffee, overpriced stock.

Starbucks to be raising prices on their drinks? Bright idea(sarcasm), force people to get the smaller portions, oh and urge them further to try other choices like MCD, WENDYS and Even YUM brands getting in on the "end of starbucks". Which all three are comparable, expecially yht YUM brands at the TB slling those fruit drinks. Wow Those things are addictive

I believe their P/E is too high at around 50 and that the Company significant growth period is coming to an end. Yes, the Company has good core values and great brand recognition but the fad has lost its luster and people will realize that the expensive coffee is not worth it.

P/E is too high

When the overly optimistic FOMC says that household spending will be "constrained" by sluggish income growth, ongoing job losses, lower household wealth, and tight credit AND Shanghai stocks hit a seven-week low, then you know this bear market rally is finally over!