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  "documentTitle": "Starbucks (SBUX)",
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  "authorName": "Pershing Square Capital Management",
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  "notes": "Includes historical context on EPS growth and P/E multiples at the bottom.",
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      "text": "We estimate that SBUX will generate a three-year IRR of at least 12% if annual EPS growth is ≥ 9% and its P/E multiple is ≥ 21x",
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