Starbucks Is a Great American Business. But 57% of Locations Are Outside of the U.S. and Are Bringing Down Profits.

The company raised prices but it's counteracting this move with promotional pricing.At this point there's no sugarcoating it: If you bought shares of coffee giant Starbucks (SBUX 2.09%) anytime during the last decade, you're probably underperforming the S&P 500. And there's a good chance that you're not only underperforming, but you're also losing money.As of this writing, Starbucks stock is down 42% from its highs in 2021. Back then, everything seemed to be clicking with the business. But its recent perfor ...