Starbucks Corporation (SBUX · NASDAQ)

Starbucks announced plans to close roughly 250 North American stores, about 1% of its company-operated locations, as part of CEO Brian Niccol's turnaround strategy targeting underperforming sites. The stock has fallen 11.6% over the past month to $94.86, with an RSI of 17 and a 4.9% gap below its 20-day moving average, though it remains 12.6% off its 52-week high. Fundamentals show contraction on the top line — revenue declined 1.4% year over year to $38.34B TTM and the June quarter's $9.32B was below the prior quarter's $9.53B — while earnings surged 85.7% and the company beat estimates in two of its last four quarters. Valuation remains rich at a P/E of 54.83 against 12.9% operating margins and 4.0x debt/EBITDA, with the analyst target of $111.97 implying upside from current levels.