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Starbucks Corporation (SBUX): A Bull Case Theory

We came across a bullish thesis on Starbucks Corporation (SBUX) on Value Investing Subreddit Page by fortitudelkw. In this article, we will summarize the bulls’ thesis on SBUX. Starbucks Corporation (SBUX)'s share was trading at $95.13 as of Jan 17th. SBUX’s trailing and forward P/E were 28.74 and 30.58 respectively according to Yahoo Finance.

Starbucks is taking bold steps to rejuvenate its brand and reconnect with customers through its "Back to Starbucks" initiative, aiming to streamline operations and enhance in-store experiences. This strategy underscores the company’s...