“Starbucks can come back financially. But it’s never going to be cool again.”
– Sarah Gilbert, BloggingStocks.com
Business columnist Joe Nocera has a wonderful column up from yesterday “Curing What Ails Starbucks”. All Starbucks (SBUX) stockholders and investors interested in the stock should give it a read. The era of Starbucks as a sexy growth company is probably over.
“Howard Schultz’s Return As CEO Provides Opportunity To Exit Starbucks”, Top Gun FP, Tuesday Jan 8, 2008
“Did Starbucks Sell Its Soul For Growth?”, Top Gun FP, November 15, 2007
Disclosure: Top Gun has no position in Starbucks (SBUX).