Starbucks Stock Slumps; This Competitor Shows Strength

It’s been a tough year for Starbucks NASDAQ: SBUX. The king of coffee retail chains has seen its stock slide more than 25% from its year-to-date (YTD) high on Feb. 23, and when it reported Q3 earnings on July 29, it missed analysts’ estimates by nearly 28%.   Starbucks TodaySBUXStarbucks$86.42 -0.30 (-0.35%) 52-Week Range$75.50▼$117.46Dividend Yield2.82%P/E Ratio37.25Price Target$104.00Add to WatchlistWhile some of that may reflect cyclical consumer behavior amid all-time high coffee prices—both as a globa ...