SBUX has been in the news 310% more than usual
Apr 29, 2025, 2:31 AM
3.74%
What does SBUX do
Starbucks, headquartered in Seattle, employs 381,000 people and operates approximately 38,000 stores across 86 markets. The company has three segments: North America, International, and Channel Development, including various licensed products.
SBUX has been in the news recently: Starbucks is experiencing declining growth in China, with a 19% revenue drop since 2021 and a 28% decline in stock value due to rising competition and changing consumer preferences. Additionally, the company is facing operational challenges and rising costs, including a 55% increase in green coffee prices and stagnant net income since 2017.
📡️ Consumer Discretionary
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