In the recent news, Starbucks Corporation (NASDAQ:SBUX) certainly has had its fair share of mentions. Starting from its fiscal evaluations, the fair value of the corporation has been under analysis and institutional investors maintain a watchful eye on the stock. Van ECK Associates Corp has reportedly sold its shares of SBUX. Meanwhile SWOT analysis reveals strategic insights into the company's current dynamics.
Furthermore, the company projects a global expansionary vision as it plans to open 500 new stores in the Middle East. Simultaneously, we are seeing a significant momentum in Starbucks comeback, as sales slump eases, and new time high stocks give confidence to investors. On the other hand, it faces lawsuits over hiring policies and unfair DEI practices, attracting controversy.
Cramer critics suggest a careful approach towards the new CEO, Brian Niccol, his potential impact is yet to be realized. In addition, Starbucks Q1 Fiscal 2025 results report earnings exceeding predicted estimates. Unfortunately, Starbucks also faces drooping same store sales for the fourth straight quarter but reassurance comes from strong quarterly results. There are some positive speculations on Reddit about Starbucks being the Best Ethical Company to invest in. Lastly, the appointment of a new Chairman and CEO, Brian Niccol, is evidently weaving a new chapter for the firm.
Starbucks Corp SBUX News Analytics from Tue, 13 Aug 2024 07:00:00 GMT to Sat, 15 Feb 2025 19:33:33 GMT - Rating 6 - Innovation -1 - Information 5 - Rumor -3
