Starbucks' Potential for Earnings Growth and Market Outperformance
Starbucks' management forecasts a 73% increase in adjusted earnings per share (EPS) from fiscal 2025 to fiscal 2028, which could position the stock to outperform the S&P 500. However, the stock currently trades 22% below its all-time high, and the company faces challenges in executing its turnaround plan and managing external factors. The stock's steep valuation may contract over the next three years.
Tickers: $SBUX
Topics: earnings forecast financial outlook Starbucks stock performance