Starbucks Posts Terrible 5-Year Return
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The post Starbucks Posts Terrible 5-Year Return appeared first on 24/7 Wall St..For years, Starbucks (NASDAQ: SBUX) was a growth company and a growth stock. In 2016, it had about 16,000 stores, including company-owned and franchised locations. By 2022, it had reached 38,000 stores, and that growth began to flatten. Investors started to beat down its shares at the same time. Comparable sales, which also suffered, have begun to grow after a period of decline. That has not been enough. Shares are d
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