Starbucks Has a Sugar Problem
00:00:00.000 | I think there's a real question mark on this company over the medium to long term,
00:00:04.960 | and I think it's best represented in this graphic. Starbucks is a sugar company. For example,
00:00:09.680 | a caramel macchiato, 32 grams of sugar. A mocha frappuccino, 60 grams of sugar. This is three
00:00:16.400 | times what you're supposed to have as a human in a day. And these products also average 400 to 500
00:00:22.080 | calories per drink. So the real issue is that more consumers, as they question the repercussions of
00:00:29.600 | consuming a lot of sugar, what will they do as more consumers get on GLP-1s? What will they do
00:00:35.280 | as more people think about the fact that fat was never an enemy? In fact, fats are actually really
00:00:40.800 | good for you. What will consumers do? And I think that's a really big strategic question mark,
00:00:45.360 | because the company has to embrace where the world is going. The world is going away from sugar.