Starbucks Corporation (SBUX)
Banking business? Starbucks holds over $1.8 billion in customer deposits
Starbucks (NASDAQ: SBUX) is one of the leading coffee brands in the world, with over 38,000 coffeehouses in 86 countries. However, Starbucks has also built an indirect position in the banking business, currently holding $1.872 billion in customer deposits.
Starbucks Big China Trouble
Starbucks (NASDAQ: SBUX) has had enough trouble with labor unions, a former CEO, Howard Schultz, criticizing the company, and a falling stock price.
In China, Starbucks tries to avoid price war but gets dragged into discounting
As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee chain is increasingly being dragged into a price war it says it wants to avoid.
Starbucks Passes The Greenblatt's Magic Formula Filter
Starbucks has a high return on tangible capital that improved last fiscal year and is higher than the ratio for the two preceding years. Investors today are purchasing SBUX stock at about a 33% discount as measured by the forward EBIT/EV ratio. The return on tangible capital and the EBIT/EV ratio are two ratios that Joel Greenblatt points to in explaining his success as an investor.
Starbucks: I Finally Bought This Coffee King
Starbucks is experiencing a major post-earnings pullback, with the stock dropping nearly 40% from its high. Dutch Brothers, a competitor, is selling at a higher valuation than Starbucks despite being less profitable. I would be more excited about the re-rating of the bigger brand. Starbucks is facing challenges in China, with declining same-store comp sales and a lack of foreign influence affecting its business.
SBUX Sell Alert: Starbucks Stock Is Likely to Get Worse Before It Gets Better
Investors beware. Starbucks (NASDAQ: SBUX ) is likely has further to fall before it hits bottom.
Empty Bakers Square, Future Starbucks Property Slapped With City Fines
JOLIET — It's been three months since the Joliet City Council and Mayor Terry D'Arcy approved redevelopment plans to bulldoze the empty Bakers Square restaurant at 2211 West Jefferson Street to make way for a new Starbucks coffee shop with a drive-thru window. But if you've driven past the vacant Baker's Square lately, you have not seen any positive signs of momentum. The demolition crane parked in the back lot several weeks ago has been removed from the site. Instead, the operators of the Seattle-based Starbucks company have chosen to let their future Starbucks property become an eyesore and that's prompted the city of Joliet to take notice. The city of Joliet has slapped GW 2211 Jefferson Joliet LLC, the property owners, with an ordinance violation for refusal or neglect to cut weeds. The violation was given on May 10 and a hearing has been set for June 11th at City Hall. Despite receiving the notice of violation for having tall grass and weeds on May 11, the owners of the future Starbucks are still choosing to let their weeds and tall grass grow even higher, Joliet Patch found on Friday afternoon. As for the already approved plans to build another new Starbucks for the citizens of Joliet, that's anybody's guess on when it will happen. And maybe it won't. After all, Joliet's West Jefferson Street has been the subject of other redevelopment plans that the City Council approved but failed to materialize, such as the Buona Beef that was supposed to be built at the still empty lot at 2210 West Jefferson Street. The Buona Beef received Council approval in 2018. Six years later, there is no Buona Beef in Joliet on West Jefferson Street, or anywhere else for that matter. Related Joliet Patch coverage: Does Joliet Need More Starbucks Coffee Shops? Ferak Column
Why It's Time to Sell Starbucks and Buy Dutch Bros Instead
The giant is stumbling while the upstart is surging.
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Finding stable investment options is essential for investors looking to grow despite market volatility in today's unpredictable environment. Three companies emerge as strong contenders for a swift recovery.
