We came across a bearish thesis on Starbucks on Trade At Your Own Risk’s Substack. As of 28ᵗʰ August, Starbucks’s share was trading at $88.02. SBUX’s trailing and forward P/E were 38.10 and 23.66 respectively according to Yahoo Finance.
The author of the article expresses their personal fondness for Starbucks, enjoying their beverages and food, particularly at their flagship stores like the Starbucks Reserve located in the Empire State Building. However, despite their personal affection...
