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  "documentTitle": "Pershing Square | Activist Presentation Deck | 62 slides",
  "authorId": "pershing-square",
  "authorName": "Pershing Square Holdings",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2020-02-01 00:00:00",
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  "notes": "The chart highlights specific dates and events that correlate with share price movements.",
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      "text": "SBUX share price performance from 7/13/2018 to 1/31/2020",
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      "text": "Note: The performance of SBUX's share price is provided for illustrative purposes only and is not an indication of future returns of the Pershing Square funds. *Average cost at announcement date. Please see the additional disclaimers and notes to performance results at the end of the presentation.",
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      "text": "12/13/18: SBUX hosts biennial investor day",
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      "text": "7/25/19: SBUX reports fiscal Q3'19 earnings, marking a return to transaction growth in both the U.S. and China",
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      "text": "11/1/18: SBUX reports fiscal Q4'18 earnings with U.S. SSS growth of 4% after four quarters of 1% to 2% growth",
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      "text": "SBUX's share price including dividends increased 39% in 2019 and decreased 4% year-to-date in 2020 through our last share sale on January 31, 2020",
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