Starbucks: Buy Before Green Apron Gains Traction

Starbucks: Buy Before Green Apron Gains Traction

SBUX
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Market
Starbucks: Buy Before Green Apron Gains Traction

Summary

Green Apron rollout should boost comps; pilot stores showed strong results. Margin recovery likely from better comps, co...

Green Apron rollout should boost comps; pilot stores showed strong results. Margin recovery likely from better comps, cost resets, and fewer discounts. Valuation attractive versus history; turnaround gains traction, dividend adds cushion.

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