1 Restaurant Stock's Game Changer
The following video is from this week's MarketFoolery podcast, in which host Chris Hill, along with Bryan Hinmon and Jeff Fischer, discuss the latest business news. Starbucks is spending $100 million to buy La Boulange, a local bakery retailer in San Francisco. Despite the apparent synergies, shares of Starbucks fell nearly 3% today. In this segment, the guys analyze why the short-term hit could be a long-term win for the Starbucks, how CEO Howard Shultz has performed in the past four years, and why companies such as Jamba and Panera Bread may have cause for concern.
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At the time thisarticle was published Chris Hillown shares of Starbucks. The Motley Fool owns shares of Starbucks and Panera Bread.Motley Fool newsletter serviceshave recommended buying shares of Panera Bread, Starbucks, and McDonald's and writing covered calls on Starbucks. The Motley Fool has adisclosure policy. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.
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