Here's Another Chart Showing Why Hedgeye's Howard Penney Is Bearish on Starbucks | $SBUX

11/04/14 11:32AM EST

SBUX global traffic has now decelerated for five consecutive quarters, coming in at 1% in 4QF14.

Here's Another Chart Showing Why Hedgeye's Howard Penney Is Bearish on Starbucks | $SBUX - sbux

We remain the bear on Starbucks.

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