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Starbucks Shares Sink As Sales Sputter
Houston Chronicle ^ | 8-3-2006 | ELIZABETH M. GILLESPIE

Posted on 08/03/2006 9:28:46 AM PDT by Cagey

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To: Cagey
To use the words......quicker pace.....with regard to service at Starbucks is just laughable.

However, I ordered a frozen something or other at Baskin Robbins the other day and it took ten minutes for the clerk to prepare the drink.

Since I was the only one at the counter it wasn't a problem but I can't imagine people actually waiting in line all that time for a frozen frappachino.

21 posted on 08/03/2006 9:40:06 AM PDT by OldFriend (I Pledge Allegiance to the Flag.....and My Heart to the Soldier Who Protects It.)
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To: em2vn
If profits are up 16% but their stock has dropped 10%, then maybe investors know something that we haven't discussed here.

I suspect the increase in "similar store sales" of 4% is a disappointment to analysts.

22 posted on 08/03/2006 9:40:21 AM PDT by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
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To: kingu
Bargain hunting time.

Precisely.

Some people think a good entry point is in the high 20's...if it trades there.

23 posted on 08/03/2006 9:41:10 AM PDT by Snardius
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To: Alberta's Child
I don't care for their coffee ( I like Joe Muggs), but theiir Passion Ice Tea is great. I started getting it years ago in airports - only place you could get fresh-brewed ice tea.

Saying that, I don't know if it is fresh-brewed, but it does not taste canned.

24 posted on 08/03/2006 9:42:06 AM PDT by mathluv (Never Forget!)
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To: RacerF150

I like their coffee, it's the weirdo "Baristas" they employ that makes me hesitant to stop by. Even the title "Barista" is whacky. They're coffee servers!


25 posted on 08/03/2006 9:43:46 AM PDT by Cagey
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To: em2vn

In the lamestream media, lower than expected profit growth is a drop in profits, and a cut in the rate of growth in government spending is actually "downsizing" of government.

Starbucks is still financially healthy and growing regardless of the misleading headline.


26 posted on 08/03/2006 9:44:17 AM PDT by caa26
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To: Cagey
Starbucks Shares Sink As Sales Sputter

Starbucks is Sharing a Sink with whom? Who writes these headlines, Sylvestor the Cat? "Tharbucks Thares Think as Thales Thhhputter."

27 posted on 08/03/2006 9:44:39 AM PDT by subterfuge (Call me a Jingoist, I don't care...)
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To: Alberta's Child

(satire on) This may be in response to a chain of stores, called BuckStars, which sells coffee for $15 a cup. BuckStars will own the market until some genius starts selling coffee for $30 per cup. (satire off)


28 posted on 08/03/2006 9:46:06 AM PDT by Aegedius (Veni, vidi, icked-kay utt-bay.)
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To: em2vn

Possibly but they have missed some of the analysts estimates which probably isn't tragic in itself. Still Starbucks has been pretty smart in selling a "concept" rather than just drinks so I expect they will shift their marketing as a younger generation of "drinkers" come along.

http://biz.yahoo.com/ft/060803/fto080320061034282986.html?.v=1


29 posted on 08/03/2006 9:46:35 AM PDT by rhombus
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To: Cagey

In other news, Pet Rock sales are declining.


30 posted on 08/03/2006 9:46:50 AM PDT by polymuser (There is one enemy and one war.)
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To: ShadowDancer

Have you ever drank it. The reason I ask is because the person you replied to said it was nasty tasting and then you said I wouldn't drink that if you gave it to me for free. I was just curious. I have had it before but only in the packages that you make at home. It is ok, but nothing spectacular. However, their frapacchinos are very good. Just my opinion of course.


31 posted on 08/03/2006 9:48:36 AM PDT by napscoordinator
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To: OldFriend
To use the words......quicker pace.....with regard to service at Starbucks is just laughable.

It's like watching a slow motion replay just waiting for your coffee. I'll occasionally stop into a WaWa and make my own. Have you been into one of the newer WaWa's yet? They have about twenty different types of coffees to choose from.

32 posted on 08/03/2006 9:49:09 AM PDT by Cagey
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To: Cagey

Just put megadoses of caffeine in all of your food, Mr. Starbucks, you'll
have everybody at your store, slobbering for the chance
to pay you 3-5 bucks for a snack.
Last time I checked a Vivarin tablet had 100mg of caffeine
in it.
Take one tablet, drink a glass of orange, or grape, or
apple juice. There, you have your brain wake up call, and
lots of good antioxidants. lots cheaper than starbucks.
Starbucks is a total rip-off, like most every snack sold
in the good ol' USA.

If you want to make a good Snapple imitation...do this
...
Brew some tea. Sweeten it to taste with sugar, or honey, or
sugar substitute, add lemon juice to taste. Then,
for each 3 parts of tea, add 1 part of apple juice, or
some prefer 4 parts tea, 1 part apple juice...pour over ice
Taste fresh, and is delicious (IMHO)...
time we got a little self-reliant here...
It takes less time to do the above, then it does to work,
get your money, drive to the store and pay for the above.


33 posted on 08/03/2006 9:51:18 AM PDT by Getready (I just love the smell of caffeine and cash in the morning.)
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To: Cagey

Too many stores IMO. I just spent 4 days in New York City and I could not believe how many Starbucks there are all over Manhattan. I didn't see many people in any of them either. That is some pricey real estate, and I can't believe that even in Manhattan they can sell enough coffee to pay those rents. And I found the coffee at Guy and Gallard better and less expensive because you serve yourself. It's hard to get a bad cup of coffee in New York, so why would anyone pay $3 for a Starbucks?


34 posted on 08/03/2006 9:52:13 AM PDT by Dems_R_Losers (Meet the new dictators of America.....Bill Keller, James Risen, Eric Lichtblau, and Dana Priest)
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To: napscoordinator

Yep, the first time I had it was at Detroit Metro Airport while waiting for a flight. It was hideous but I figured maybe it was just that location so I tried it again not too long ago. Same thing. I've never had a frappachino, I pretty much just stick to regular coffee.


35 posted on 08/03/2006 9:57:20 AM PDT by ShadowDancer (No autopsy, no foul.)
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To: mathluv

I don't drink coffee but I have met people there so I order the iced tea if its warm out, and they have the best hot chocolate I have ever had if its cold out.


36 posted on 08/03/2006 9:58:10 AM PDT by Abathar (Proudly catching hell for posting without reading the article since 2004)
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To: napscoordinator

I drink black coffee. By the time my bucket-size container of Starbucks coffee has cooled enough to sip, my friends have finished their frothy cappucinos, etc. and are ready to leave. I'm not into drinking coffee in cars, so I rarely have enough to know how it tastes.

The packaged coffee sold in supermarkets is not very good compared to specialty store varieties at the same price or less.


37 posted on 08/03/2006 9:58:23 AM PDT by joylyn
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To: Dems_R_Losers
....and I can't believe that even in Manhattan they can sell enough coffee to pay those rents

It totally amazes me. I was having coffee and a bagel in a microscopic sized coffee shop on west 47th Street recently and the fellow I was with lives in that neighborhood and said the guy pays $6000 per month rent. I swear, the place no bigger than 500 square feet!

38 posted on 08/03/2006 9:58:59 AM PDT by Cagey
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To: Cagey
LOL.....live in the country. Thought I'd died and went to heaven when a nearby town got Baskin Robbins.

No Starbucks here!

39 posted on 08/03/2006 10:00:51 AM PDT by OldFriend (I Pledge Allegiance to the Flag.....and My Heart to the Soldier Who Protects It.)
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To: Abathar

I usually make my own hot chocolate, but I do like Starbucks Gingerbread Mocha. I like Joe Muggs better, but they could not get it last year because Starbucks had it.


40 posted on 08/03/2006 10:04:13 AM PDT by mathluv (Never Forget!)
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