Report
EUR 92.70 For Business Accounts Only

Investment Update | Review + Outlook

​We are maintaining our rating on Starbucks based on expectations for strong retail SSSG, solid operating leverage, international expansion especially in Asia, accelerating Channel Development revenues, continued product innovations and expansions, mobile order and pay, and continued operational improvements.

Underlying
Starbucks Corporation

Starbucks is a roaster, marketer and retailer of coffee. The company's segments are: Americas, which is inclusive of the United States, Canada, and Latin America; International, which is inclusive of China, Japan, Asia Pacific, Europe, Middle East, and Africa; and Channel Development. The company's Americas and International segments include both company-operated and licensed stores. The company's Channel Development segment includes roasted whole bean and ground coffees, Seattle's Best Coffee?, Starbucks- and Teavana-branded single-serve products, a variety of ready-to-drink beverages, and other products sold worldwide outside of the company's company-operated and licensed stores.

Provider
ARC | Accountability Research Corp
ARC | Accountability Research Corp

​Independent equity research focused on the North American market that leverages ARC’s unparalleled expertise in applying proprietary forensic accounting knowledge to investment analysis. 

The ARC process is focused on avoiding financial reporting and accounting risks while identifying companies with superior adjusted cash flow metrics.

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