Archive | April 2015

What Im Reading This Morning

http://www.businessinsider.com/opening-bell-april-30-2015-4 (BI)

http://www.bloomberg.com/news/articles/2015-04-30/gross-says-june-rate-increase-is-off-as-blackrock-sees-september (Bloomberg)

He has been saying that for years, http://www.cnbc.com/id/102633564?trknav=homestack:topnews:1 (CNBC)

http://advisorhubinc.com/barclays-doing-what-we-said-they-would-exploring-wma-sale/ (Advisor Hub)

http://www.valuewalk.com/2015/04/another-crash-is-coming-rare-stan-druckenmiller-barrons-interview-from-1988-pt-2/ (value walk)

 

 

What I Got From Starbucks Q2 Conference Call

-Record 4.2 billion in revenue
-7% global comp. store growth
-from 7k stores in US, and 10k international
-CAP (China Asia Pacific) had 12% growth
-EMEA had strongest quarter in history
-New frap and iced tea drinks coming in summer
-16 million active mobile users                                                                                                                                -19% increase in money loaded on card                                                                                                                   -1.3 million new My Starbucks Rewards members

-going to open up 500 reserve stores as apart of the new micro coffee lot brand

-q2 food grew 16% YOY, breakfast grew 35%

-Reserve coffees are popular in CAP region

-8 million mobile transactions a week(WOW)

-70% of their coffee cost for 2016 is priced in, bought cheap coffee as prices fell

-seeing new MSR members due to mobile order and pay