Jim Cramer recently discussed Starbucks Corporation (NASDAQ:SBUX), noting its modest 2% year-to-date stock gain. Cramer defended CEO Brian Niccol, praising the firm’s improved efficiency in stores and airports. Despite weaker-than-expected headline numbers, Cramer finds Starbucks’ overall results encouraging, especially with management’s plan to improve the core business in the US.
Read more at Yahoo Finance: “I Have Been A Huge Beleiver,” Says Jim Cramer