Starbucks Corporation (SBUX) has been making headlines with its recent Q1 2025 results reporting higher than expected earnings. The company encountered a decline in same-store sales for the fourth straight quarter but also saw a reduction in their sales slump as their turnaround strategy gains momentum. It is deemed a favorable seasonal, reliable dividend, and ethical stock by hedge funds and Redditors alike. Despite increased coffee bean prices and executive changes, SBUX has held steady, showing resilience. It is also among Billionaire Daniel Sundheim’s chosen stocks heading into 2025, and hedge funds consistently bet on Starbucks as a top coffee stock. Negative news includes an investigation initiated by a former Louisiana Attorney General, scrutinizing the officers and directors of Starbucks. Starbucks also has high institutional ownership with 78% ownership by institutional owners. This ownership, however, has resulted in substantial one-year returns for these investors. CEO Brian Niccol is upheld by Jim Cramer as a strong leader for the corporation. However, there is criticism regarding planned layoffs despite the CEO obtaining $96 million working remotely.
Starbucks Corp SBUX News Analytics from Tue, 13 Aug 2024 07:00:00 GMT to Fri, 07 Feb 2025 00:36:52 GMT -
Rating 0
- Innovation -4
- Information 4
- Rumor 3
