Starbucks CEO said "Our stock is undervalued"
According to the video, these were mentioned:
- We plan to open 12,000 more stalls in fiscal year 2021. We are in the early stages of growth.
- You cant discount our business in China, 2600 stalls in China. I think China will be bigger than our business in US.
- This is the first year which the stock is not up year on year, it's probably one of the strongest and most meaningful year in history. I think the stock is undervalued.
- If you play the long game, our shareholders over the long term will be significant rewarded for the investments we have done a couple of years; and the growth and innovation that are going to come in months and years ahead.
- If you invest $1000 in Starbucks IPO in 1992, that investment is worth $180,000 today. There is no doubt in my mind that the growth and development and appreciation of the stock over the future is going to be consistently higher than today.
- As I say the stock is undervalued. As someone so close to the company and so involved in the company, I have never been more proud and optimistic about the company.
- In the last 5 years we returned over $10bil of cash to investors in the form of share buybacks and dividends.
Video: https://youtu.be/rNYW5saiowc
- We plan to open 12,000 more stalls in fiscal year 2021. We are in the early stages of growth.
- You cant discount our business in China, 2600 stalls in China. I think China will be bigger than our business in US.
- This is the first year which the stock is not up year on year, it's probably one of the strongest and most meaningful year in history. I think the stock is undervalued.
- If you play the long game, our shareholders over the long term will be significant rewarded for the investments we have done a couple of years; and the growth and innovation that are going to come in months and years ahead.
- If you invest $1000 in Starbucks IPO in 1992, that investment is worth $180,000 today. There is no doubt in my mind that the growth and development and appreciation of the stock over the future is going to be consistently higher than today.
- As I say the stock is undervalued. As someone so close to the company and so involved in the company, I have never been more proud and optimistic about the company.
- In the last 5 years we returned over $10bil of cash to investors in the form of share buybacks and dividends.
Video: https://youtu.be/rNYW5saiowc
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