The Starbucks Corporation (SBUX) has been experiencing significant turbulence in the stock market. Among dividend stocks, the corporation is touted as an excellent option for long-term passive income. SBUX recently faced rejection from a union regarding a proposed 2% annual raise, and red flags before earnings have been identified. While SBUX's stock suffered a 19% slip in a month, experts suggest that the stock has the potential to rebound as earnings approach.
Starbucks' latest proposals have been rejected by 81% baristas in a company-wide vote. Despite this disparity, SBUX's long-term investment potential remains strong with experts recommending the company as the top choice for billionaire investors and best-performing dividend stock.
The company partially attributes its financial performance challenges to freshly imposed tariffs hitting its supply chain. The company's performance is also under a magnifying glass as its Q2 2025 results approach. Nonetheless, Starbucks remains optimistic under its new leadership and its strong dividend payout.
Baristas are also being made to follow a new dress code, a move that causes some controversy. Starbucks still maintains an optimistic 'Bull Case' outlook despite existing challenges.
Starbucks Corp SBUX News Analytics from Tue, 22 Oct 2024 07:00:00 GMT to Sat, 26 Apr 2025 05:02:22 GMT - Rating 1 - Innovation 6 - Information 7 - Rumor 2
