If You Invested $1,000 In Starbucks Stock When The Pumpkin Spice Latte Was Introduced, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
The article discusses the impact of the introduction of the Pumpkin Spice Latte on Starbucks Corporation's (NASDAQ:SBUX) stock performance. Since its launch in 2003, the product has sold hundreds of millions of units and has significantly contributed to the company's success. An investment of $1,000 in Starbucks stock at the time of the product's introduction would be worth $16,247.50 today, representing a hypothetical return of 1,524.8%. In comparison, the same investment in the SPDR S&P 500 ETF Trust (NYSE:SPY) would be worth $6,194.12 today, a return of 519.4%.
August 28, 2023 | 3:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The SPDR S&P 500 ETF Trust has seen a return of 519.4% since 2003, which is significantly lower than the return on Starbucks' stock over the same period.
While the SPDR S&P 500 ETF Trust has seen a decent return since 2003, it has been outperformed by Starbucks' stock, which has seen a much higher return over the same period.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
The introduction of the Pumpkin Spice Latte has significantly contributed to Starbucks' success, leading to a substantial increase in the company's stock price.
The Pumpkin Spice Latte has been a major success for Starbucks, selling hundreds of millions of units since its launch. This has likely contributed to the company's strong stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100