What's Next For Starbucks' Stock After An Upbeat Q1?

1. Starbucks stock increased 21% year-to-date to approximately $111 per share. 2. First-quarter earnings showed a decline in net income and same-store sales. 3. Ongoing challenges include rising coffee prices and issues in the Chinese market. 4. Starbucks expects fiscal year 2025 revenues of $37.9 billion, up 5% year-over-year. 5. Valuation revised to $100 per share based on earnings expectations and market position.