One of the best companies in the world.
A World Dominating company that treats shareholders extremely well with attractive dividends and stock buyback program. I am talking about Starbucks(SBUX). It was founded in Seattle in 1971 selling high quality coffee beans and equipment.
The share price has been able to recover for the recent sales and political trouble.
Today it has over 300,000 employees working at more than 28,000 locations in over 70 countries.
You may think that this company has reached a decline phase that all large corporations eventual reach but you would be wrong.
Starbucks is working on engaging users with their Rewards loyalty program.
Providing easy ordering and extra incentives.The program is growing rapidly adding 1.9 million rewards members last quarter.
Starbucks has big expansion plans in China.
Starbucks plans to double the number of stores in China to 6000 by 2022.
These two improvements alone will continue to drive growth and make current shareholders very happy over the years to come.
Study this company as a model on the types of capital efficient firms you should own for very long periods of time. Cheers!
Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.