Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?Shares in Starbucks (NASDAQ: SBUX) are as hard to understand as those of almost any other large public company in the U.S.
In the fiscal year ending September 30, revenue for the company was up over 20% to just shy of $9.4 billion. Operating income rose 18% to $1.054 billion, according to the Starbucks 10-K. But, the price of the company' stock dropped from just over $40 in November 2006 to the current price of $20.13.
Starbucks can't fix its Wall Street problems all at once, but it could look at the things investors don't like about the company and begin to address them.
First, investors believe that McDonald's (NYSE: MCD) will take a great deal of the Starbucks premium coffee business. The fast-food chain says its earnings are being helped by its push into high-end coffee. Starbucks already knows whether it is being hurt by McDonald's. It certainly keeps enough detail on each of its local outlets. Perhaps it could share that data with investors.
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