An overpaid and disinterested CEO, unhappy increasingly unionized workers, $7 mediocre cups of coffee, trashy cafe seating, competition from Dunkin, McDonalds, Krispy, Dutch Bros, Tim Horton's, Luckin, etc.
The current dividend, which the company for some reason seems committed to try to increase each year, is unsustainable - way beyond current profits.
Yet the stock sits at 105, down from 2021 but up 25% this year. This is a $60 stock.