Starbucks is reporting earnings today after hours, but I don't really feel all that bullish in the company with rising costs currently worldwide it's usually the first thing people cut out, they've missed their previous EPS the past two quarters and since then they've also removed their brand within Russia in this economic climate.
I bought puts as I think they might miss their EPS again and the stock will probably tank, but is anyone willing to tell me why I may be wrong? Or what the bull case for starbucks is? As I don't want to have tunnel vision.
Thanks!
(Regardless we'll find out in a couple hours, so this will be a fun stock to discuss)
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