Starbucks (SBUX 0.45%) shares got a boost following its fiscal Q1 earnings as CEO Brian Niccol continues to implement his turnaround plan. While its results topped analyst expectations, the coffee house operator is still seeing same-store sales and traffic declines.
Starbucks (SBUX -1.21%) shares soared 8.1% last Wednesday in response to its first-quarter fiscal 2025 results and management commentary on the earnings call. With the stock at its highest level since April 2023, investors may be wondering if Starbucks has room to run, or if the surge has gone too far.
Starbucks (SBUX -1.21%) hasn't been energizing investors' portfolios in recent years. After hitting a peak in July 2021, shares dipped 43% in the 11 months that followed.
The discussion of value versus growth stocks gets a lot of attention. Regardless of what side you fall on, it's hard to deny the fact that many investors out there simply just want steady income from the companies they own.
Starbucks' (SBUX -1.21%) new CEO Brian Niccol has been rapidly implementing changes within the iconic coffee brand, aiming to get "Back to Starbucks." In short, Niccol believes the key to returning to growth is getting back to what set Starbucks apart in the first place.
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