LK - Starbucks' Fading Buzz (Podcast Transcript)
Editors' Note: This is a transcript version of our podcast from this week on Starbucks. We hope you find it useful.
Introduction
Daniel Shvartsman: On this week’s Behind The Idea, we’re going to Starbucks. Seeking Alpha author, Atlas Research said, the coffee giant’s management has been recklessly expanding leading to increased risks for shareholders and an overvalued stock. One of the author’s key arguments is that store traffic is declining and my question is whether that is really driving to the bottom line for the company?
Mike Taylor: Is the food traffic a leading indicator