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Brian Niccol 5.0 1 idea

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Ticker Mentions Stance Conv Entry P&L YTD Theme Thesis (click to expand) Mentioned Src
SBUX ×4 LONG HIGH $104.14 Consumer Starbucks reported a strong Q2 with 7.1% comp sales growth driven by transaction growth (over 4%), indicating more customers coming in. Sales growth was seen across all income cohorts, and momentum has continued into April. The company raised its full-year guidance to 5% or better, and CEO is optimistic about continued top-line and cost execution. No negative impact from inflation or energy prices on consumer behavior at Starbucks. Apr 29 YOUTUBE
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CONSUMER
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Starbucks sales momentum continuing into April
Starbucks reported a strong Q2 with 7.1% comp sales growth driven by transaction growth (over 4%), indicating more customers coming in. Sales growth was seen across all income cohorts, and momentum has continued into April. The company raised its full-year guidance to 5% or better, and CEO is optimistic about continued top-line and cost execution. No negative impact from inflation or energy prices on consumer behavior at Starbucks.
SBUX HIGH Bloomberg Markets Apr 29, 14:09
Positions
TickerDirEntryP&LDate
SBUX LONG $104.14 Apr 29
Brian Niccol | 1 trade ideas tracked | SBUX | YouTube | Buzzberg