3 Must-Know Facts About Starbucks Before You Buy the Stock
With a staggering number of locations scattered across the globe, (NASDAQ: SBUX) is a ubiquitous business. Founded in 1971, the company has ascended to becoming the king of the retail coffee industry.
Shares have been a huge winner historically, generating a total return of 17,000% since 1994. But as of this writing, the restaurant stock is 26% below its peak price.
Before you rush to add this dominant enterprise to your portfolio, take the time to know these three facts about the company.
Source Fool.com