Through its global network of owned and franchised coffee retail outlets, Starbucks offers a wide range of products from coffees and teas to sandwiches and brewing equipment. It competes with McDonald's(MCD), Caribou Coffee(CBOU) and Peet's Coffee(PEET) in the broader market for specialty coffee. We estimate that the Starbucks' company-owned stores constitute around 46% of our $26.41 price estimate...
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