Starbucks
SBUX
Background information
Starbucks was founded in 1971 by Gordon Bowker, Jerry Baldwin, and Zev Siegl.
The current CEO is howard Schultz. The company's subsidiaries include Seattle's best coffee, Tazo tea, and evolution fresh. The industry competes in coffee and tea. Starbuck's chief competitors are mcdonalds and dunkin donuts.
Factors of production
Starbucks serves many beverages including different coffee drinks and tea. A lot of these drinks can be served hot or cold. Starbucks employs 151,000 people
The company's net worth is around 2.5 billion
Financial Information
In 2011 and 2012 starbucks was in the billions but then in 2013 they nearly lost all their money. In the next year they gained it all back. Looking at the chart, you can see that the company's stock has gone up over the past 5 years. In 2013 it was down but now in 2015 the stocks have gone up into the billions. I think the prices have gone up because through the years starbucks has become more popular. More malls are adding a starbucks to their building. Book stores, and targets now have starbucks.
stock information
The company's stock symbol is SBUX. Starbuck's stock prices for the last year were $94.43 at the high and $67.93 at the low. Stock prices today are at $93.60 for the low, and $94.31 at the high. There are 310,931 shares available for trade. The company pays $0.32 for the dividend. The last time they payed dividends was on 2/3/15. The last time a stock was split was on 10/24/05, and it was a 2 for 1.
New releases
Chicago tribune talked about how starbucks will be raising the prices on some of their drinks.
Reflection
Personally I would still purchase starbucks as a stock. Through out the years the company's prices have gone up and maintained their prices. Even in 2013 after they lost a lot of money, and gained it back. I would still purchase this stock. This company gets a lot of business and the has good services. I've learned that investing can take a lot of time. You have to do a lot of research even some math. I think investing is important if you want to make money and be successful.