Starbucks at 32 Times Earnings: Should you buy?Read More »
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Starbucks at 32 Times Earnings: Should you buy?
Views: 5 2026-09-20 Starbucks roasts, sells and licenses coffee through 41,304 stores worldwide, split between company-operated locations, licensed stores and a packaged-goods arm run with Nestlé. Revenue comes mainly from beverage and food sales in North America, which dominates the consolidated accounts after the April 2026 sale of 60% of the China retail business to Boyu Capital. China is now a licensed joint venture in which Starbucks holds 40% and collects royalties. The company is midway through Brian Niccol’s “Back to Starbucks” restructuring, which has restored comparable sales growth at the cost of two years of depressed margins and heavy …