Starbucks is going to file bankruptcy

[patb]

Starbucks just announced they are stopping 401K contributions and
cutting 7000 employees.

i’m going to argue that starbucks is toast.

now their revenues are growing slowly but SG&A went up 50%,
so they are either flogging like crazy, or weird lease bills are
coming due, i suspect both, and while they have booked assets,
i suspect a lot of the properties are caught in the CRE implosion.

Well, i always hated starbucks anyways.

[woodrow]

wat?

Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

[woodrow]

wat?

Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

[woodrow]

wat?

Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

[woodrow]

wat?

Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

[woodrow]

wat?

Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

[bsrsharma]

They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

[bsrsharma]

They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

[bsrsharma]

They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

[bsrsharma]

They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

[bsrsharma]

They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

[donaldduckmoore]

I think coffee business is disposable. People do not drink coffee if they do have to or when they do not have excess money. Besides they can make their own coffee at home or office, why Starbuck?!

[donaldduckmoore]

I think coffee business is disposable. People do not drink coffee if they do have to or when they do not have excess money. Besides they can make their own coffee at home or office, why Starbuck?!

[donaldduckmoore]

I think coffee business is disposable. People do not drink coffee if they do have to or when they do not have excess money. Besides they can make their own coffee at home or office, why Starbuck?!

[donaldduckmoore]

I think coffee business is disposable. People do not drink coffee if they do have to or when they do not have excess money. Besides they can make their own coffee at home or office, why Starbuck?!

[Author]

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