'The King Is Naked': Uncomfortable Truths About Starbucks' Dividend (Earnings Preview)

Group 1 - Starbucks (SBUX) has shown stagnant performance since 2022, primarily providing opportunities for swing traders to buy at $75 and sell near $100 [1] - The company's growth in China, previously a significant driver, has deteriorated, leading to substantial challenges [1] - The focus on sustained profitability is emphasized, highlighting the importance of strong margins, stable free cash flow, and high returns on invested capital as reliable return drivers [1] Group 2 - The analyst has no current stock or derivative positions in any mentioned companies and does not plan to initiate any within the next 72 hours [2] - The article reflects the author's personal opinions and is not influenced by compensation from any company [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not represent the platform as a whole [3]