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StockNews.com
StockNews.com
Business
Malaika Alphonsus

Should You Buy Starbucks (SBUX) This Month?

Global coffeehouse chain Starbucks Corporation (SBUX) reported a solid second-quarter performance and is optimistic about its growth prospects in the long term.

The company introduced a Reinvention Plan last year to improve stores and the employee and customer experience as unionization efforts swept the nation. As part of ongoing efforts to support its strategy, the company opened 464 net new stores in the second quarter of this year, inclusive of closures across North America and internationally.

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