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Is Starbucks still relevant?
By Financial Horse  •  June 28, 2022
Starbucks is one of the most successful international coffee chains in the world – and also one of the world’s most recognisable blue-chip stocks. More than 50 years since its first outlet in Seattle, it’s expanded to 34,000 stores in 80 markets. But not even the coffee giant is immune to the bear market – shares are down 33% YTD. This begs the question: Is Starbucks still relevant, and what are its future prospects? In this article, we’ll look at: 3 reasons why Starbucks is a solid investment2 challenges it faces This article was submitted by a Guest Contributor. The opinions expressed in this publication are those of the Guest Contributor. Strong brand The Starbucks Siren logo is iconic. The brand may be intangible, but it is an incredibly powerful competitive advantage. Loyal customers don’t see Starbucks as a mere cup of coffee....
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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