Jim Cramer supports CEO Niccol of Starbucks amid stock drops, optimistic about company's potential

From Yahoo Finance: 2025-06-15 11:42:00

Starbucks Corporation (NASDAQ:SBUX) has seen a 1% increase in shares year-to-date, following a 19.8% drop in April due to concerns over China exposure and earnings misses. CEO Brian Niccol’s turnaround efforts have garnered interest in the sale of a stake in the China business, with positive feedback from Jim Cramer.

Jim Cramer expressed support for Starbucks Corporation (NASDAQ:SBUX) CEO Brian Niccol amid recent stock drops, attributing the decline to market volatility rather than company performance. Despite challenges like an economic downturn and negative GDP growth, Cramer remains optimistic about the potential of Starbucks under Niccol’s leadership.

Read more: “This Man Is Taking Action,” Says Jim Cramer