Term Papers on Check from Term Papers Lab.
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Section: INVESTING
By the Numbers
The coffee king's stock is soaring-but there are hidden risks for investors buying now
IF YOU THINK there's already a Starbucks on every corner, chairman Howard Schultz has news for you: He's just warming up. In October the head of the world's largest coffee-shop chain said he plans to more than triple the number of stores, to 40,000, with half in the U.S. and half overseas. The target supplants Schultz's previous goal of 30,000 stores as he tries to challenge Yum Brands and McDonald's as the world's largest restaurant chain.
Schultz, with his usual flair, also gave investors a peek into the company's pipeline. No longer a mere Java joint, Starbucks is increasingly looking to become an arbiter of culture. Starbucks executives announced that the company had reached an agreement with Apple that will give consumers the ability to preview, buy, and download a variety of Starbucks' Hear Music titles from the iTunes store. And for the coming......
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Title: Check
Approximate Word Count: 701
Approximate Pages: 3 (250 words per double-spaced page)
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