Analyst Warns Starbucks Faces Growing Risks From Competition, Costs, and Global Tensions
1. Guggenheim lowers SBUX price forecast from $95 to $83. 2. Q2 revenue was $8.76 billion, missing estimates by $0.10 billion. 3. Global comparable store sales fell 1% amidst rising competition. 4. Margin expansion forecasts reduced from 270 bps to 150 bps by 2027. 5. SBUX faces additional pressure as discretionary purchase amid economic concerns.