Starbucks workers at more than 100 U.S. stores say they’re going on strike Thursday in what would be the largest labor action since a campaign to unionize the company’s stores Read more
Tag: Starbucks
‘Too good to be true?’ Starbucks tops expectations but analysts question sustainability of its growth
As Starbucks’ stock was bumped up 5% in pre-market trading on Friday after posting record fourth quarter revenue that beat expectations, analysts were still skeptical whether the coffee chain can Read more
Starbucks stock rallies as results top expectations, helped by a boost in U.S. sales
Starbucks Corp. on Thursday reported fiscal fourth-quarter results that beat expectations, helped by a boost in U.S. sales, sending shares higher in after-hours trading. The coffee chain reported net income Read more
SBUX Stock Price | Starbucks Corp. Stock Quote (U.S.: Nasdaq)
Starbucks Corp. Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: North America, International, and Channel Development. The North America and Read more
Nestle expands coffee business, lifts 2022 organic growth guidance
Nestle SA said Wednesday that it would acquire Seattle’s Best Coffee brand from Starbucks Corp. in a move to bolster its U.S. coffee business, and lifted sales guidance after price Read more
Exclusive: Starbucks urged to work with unions in letter from members of Congress
Almost three dozen lawmakers on Monday urged Starbucks Corp. to work with the unions that have formed at nearly 250 of its stores around the nation, and expressed concerns about Read more
Starbucks investors push for review of how company is dealing with union activity
A coalition of Starbucks Corp. investors on Monday filed a shareholder proposal asking for a third-party assessment of the company’s stated commitment to workers’ freedom of association and collective bargaining Read more
Starbucks earnings beat expectations despite continued weakness in China
Starbucks Corp. produced better earnings than expected in the fiscal third quarter, despite a massive drop-off in comparable sales in China Starbucks SBUX, -1.41% reported fiscal third-quarter profit of $912.9 Read more
Starbucks closing 16 stores over employee-safety concerns
Starbucks Corp. said Monday that it is closing 16 U.S. stores after workers reported incidents related to drug use and other disruptions in cafes. Starbucks SBUX, -1.74% said it would permanently Read more