TCYMF - Is Starbucks Still A Good Buy?
Investment Thesis
Starbucks Corporation (SBUX) released its first-quarter fiscal 2018 earnings report on January 25, 2018 with disappointing comparable store sales growth due to underperformance in its holiday sales and weak afternoon and evening traffics growth. However, I believe its long-term growth trajectory is still intact. The company is addressing its near-term issues and has several plans to reaccelerate its growth. In addition, the company is also focussing on product innovation and providing excellent customer experience. Furthermore, its business in China is expected to outperform in the next few years and perhaps one