NasdaqGS - Nasdaq Real Time Price USD

Starbucks Corporation (SBUX)

88.75

+0.88

(+1.00%)

At close: 4:00 PM EDT

88.94

+0.19

(+0.21%)

After hours: 7:11 PM EDT

UPDATE 1-Starbucks loses appeal over union election at Seattle store

A U.S. appeals court on Wednesday rejected Starbucks' claims that an employee vote to unionize at the coffee company's flagship Seattle store was invalid because it was held via mail ballot during the COVID-19 pandemic. A three-judge 9th U.S. Circuit Court of Appeals panel upheld a National Labor Relations Board decision that the company, which is facing a nationwide union organizing campaign, must recognize and bargain with the store's union, which represents nearly 100 workers. Starbucks claimed a labor board official who ordered the mail-ballot election in March 2022 used the wrong data to determine that an in-person election was unsafe due to an upward trend in COVID cases in the Seattle area at the time.

Reuters 4 hours ago

SBUX
+1.00%
Starbucks loses appeal over union election at Seattle store

(Reuters) -A U.S. appeals court on Wednesday rejected Starbucks' claims that an employee vote to unionize at the coffee company's flagship Seattle store was invalid because it was held via mail ballot during the COVID-19 pandemic. A three-judge 9th U.S. Circuit Court of Appeals panel upheld a National Labor Relations Board decision that the company, which is facing a nationwide union organizing campaign, must recognize and bargain with the store's union, which represents nearly 100 workers. Starbucks claimed a labor board official who ordered the mail-ballot election in March 2022 used the wrong data to determine that an in-person election was unsafe due to an upward trend in COVID cases in the Seattle area at the time.

Reuters 5 hours ago

SBUX
+1.00%
Starbucks meets 150 workers at the bargaining table in Atlanta

While the company still plans store-by-store contract ratification, it is discussing issues impacting all employees with a bargaining committee of union members.

Restaurant Dive 11 hours ago

SBUX
+1.00%
Study: Chipotle, Starbucks have highest burnout among major restaurants

Chipotle, which recently added new worker benefits to attract hires, had the second-highest burnout rating of any company in the study, surpassed only by Progressive.

Restaurant Dive 13 hours ago

CMG
+0.40%
SBUX
+1.00%
Starbucks Leads Business Opposition to Pro-Worker Labor Board

The coffee chain asked the Supreme Court to limit the NLRB, as SpaceX, Amazon and others take swings in additional disputes.

The Wall Street Journal yesterday

SBUX
+1.00%
Investor playbook: The biggest earnings surprises so far

Wall Street gears up for a number of big tech earnings this week as many of the tech giants hold much of the value of the S&P 500 (^GSPC). As earnings from the Magnificent Seven roll out, investors may be looking for opportunities to enter the market. Simplify Asset Management Chief Strategist Michael Green and Wealth Enhancement Group Senior Vice President and Financial Advisor Nicole Webb join Market Domination to discuss investment opportunities during this big week of tech earnings and beyond. Webb gives her overview of earnings so far: "To us, it's just all of this playing out of where does the earnings growth for the rest of the year come from, and we had anticipated a deceleration from those mega tech names in the back half of this year. And so kind of below the surface we see this churning, the broadening that everyone is talking about and some of that relative outperformance from places like the equal weight S&P (^SPXEW)." Green follows up with: "I think the biggest surprises that have come out of earnings in general have been things like General Motors' (GM) announcement today that was accompanied by an astonishing buyback where they shrank the quantity of shares by around 17%. This is in contrast, that level of buyback is unprecedented for many of these companies for that to be happening in open markets. And it's just highlighting that the exceptionally cheap areas of the market as long as there's a little bit of support that's coming in through the interest rate space, that really looks like that could be an area of focus." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

Yahoo Finance Video yesterday

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^DJI

^GSPC
5 Things to Know About First-Ever Starbucks Promises Day

SEATTLE, April 23, 2024--At a global gathering of Starbucks partners in Seattle and around the world, Starbucks global chief executive officer Laxman Narasimhan announced five initiatives at the first-ever Starbucks Promises Day that underscore the company’s promises to its partners, farmers, customers, communities, shareholders and the environment:

Business Wire yesterday

SBUX
+1.00%
Federal labor board has been much more pro-worker under Biden. Employers want courts to end that

Starbucks and the National Labor Relations Board, the federal agency charged with protecting workers’ rights, will be battling each other before the Supreme Court Tuesday, in one of numerous cases now pending in which major employers are questioning the NLRB’s powers, and even its right to exist.

CNN Business yesterday

SBUX
+1.00%
UPDATE 3-US Supreme Court leans toward Starbucks in the case of pro-union workers

U.S. Supreme Court justices on Tuesday signaled support for Starbucks in the coffee chain's challenge to a judicial order requiring it to rehire seven employees at a Memphis cafe who were fired as they pursued unionization. The justices heard arguments in the Seattle-based company's appeal of a lower court's approval of an injunction sought by the U.S. National Labor Relations Board (NLRB) ordering reinstatement of the workers. The case could make it harder to quickly halt labor practices challenged as unfair under federal law while the NLRB resolves complaints.

Reuters yesterday

SBUX
+1.00%
Starbucks (SBUX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Starbucks (SBUX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks yesterday

SBUX
+1.00%
Here is What to Know Beyond Why Starbucks Corporation (SBUX) is a Trending Stock

Recently, Zacks.com users have been paying close attention to Starbucks (SBUX). This makes it worthwhile to examine what the stock has in store.

Zacks yesterday

SBUX
+1.00%
Starbucks argues before Supreme Court to weaken NLRB’s power

The coffee titan wants courts to use stricter standards when evaluating injunctions in unfair labor practice cases.

Restaurant Dive yesterday

SBUX
+1.00%
Calculating The Intrinsic Value Of Starbucks Corporation (NASDAQ:SBUX)

Key Insights Starbucks' estimated fair value is US$108 based on 2 Stage Free Cash Flow to Equity Starbucks' US$88.18...

Simply Wall St. yesterday

SBUX
+1.00%
US Supreme Court leans toward Starbucks in the case of pro-union workers

WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday signaled support for Starbucks in the coffee chain's challenge to a judicial order requiring it to rehire seven employees at a Memphis cafe who were fired as they pursued unionization. The justices heard arguments in the Seattle-based company's appeal of a lower court's approval of an injunction sought by the U.S. National Labor Relations Board (NLRB) ordering reinstatement of the workers. The case could make it harder to quickly halt labor practices challenged as unfair under federal law while the NLRB resolves complaints.

Reuters yesterday

SBUX
+1.00%
US Supreme Court examines firings of pro-union Starbucks workers

The U.S. Supreme Court on Tuesday steps into the contentious unionization drive at Starbucks as the coffee chain challenges a judicial order requiring it to rehire seven employees at a Tennessee cafe who were fired as they pursued efforts to organize. The justices are set to hear arguments in the company's appeal of a lower court's approval of an injunction sought by the U.S. National Labor Relations Board ordering the reinstatement of the workers. It is a case that could make it harder to bring a quick halt to labor practices challenged as unfair under federal law while the NLRB resolves complaints.

Reuters yesterday

SBUX
+1.00%
Starbucks appears likely to win Supreme Court dispute with federal labor agency

The U.S. Supreme Court appeared to side with Starbucks Tuesday in a case that could make it harder for the federal government to seek injunctions when it suspects a company of interfering in unionization campaigns. Justices noted during oral arguments that Congress requires the National Labor Relations Board to seek such injunctions in federal court and said that gives the courts the duty to consider several factors, including whether the board would ultimately be successful in its administrative case against a company. The case that made it to the high court began in February 2022, when Starbucks fired seven workers who were trying to unionize their Tennessee store.

Associated Press Finance yesterday

SBUX
+1.00%
Company Bosses Draw a Red Line on Office Activists

Google’s dismissal of protesting workers is the latest example of employers pushing back against pressure tactics by staff.

The Wall Street Journal 3 days ago

GOOG

SBUX
+1.00%
This Year's Average Tax Refund Was $3,011, According to the IRS. 3 Excellent Stocks You Can Buy for Less

A tax refund is your money, not the government's. Put those funds to good use.

Motley Fool 3 days ago

MO

UBER

SBUX
+1.00%
1 Growth Stock Down 25% to Buy Right Now

Why Starbucks stock looks poised to rebound.

Motley Fool 4 days ago

SBUX
+1.00%
Can This Growth Stock Become the Next Starbucks?

Should all things go according to plan, this stock could be a huge winner for shareholders.

Motley Fool 4 days ago

BROS

SBUX
+1.00%

Performance Overview

Return	SBUX	S&P 500
YTD	-7.01%	+6.33%
1-Year	-16.16%	+22.70%
3-Year	-19.65%	+21.33%

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Starbucks Corporation (SBUX)

UPDATE 1-Starbucks loses appeal over union election at Seattle store

Starbucks loses appeal over union election at Seattle store

Starbucks meets 150 workers at the bargaining table in Atlanta

Study: Chipotle, Starbucks have highest burnout among major restaurants

Starbucks Leads Business Opposition to Pro-Worker Labor Board

Investor playbook: The biggest earnings surprises so far

5 Things to Know About First-Ever Starbucks Promises Day

Federal labor board has been much more pro-worker under Biden. Employers want courts to end that

UPDATE 3-US Supreme Court leans toward Starbucks in the case of pro-union workers

Starbucks (SBUX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Here is What to Know Beyond Why Starbucks Corporation (SBUX) is a Trending Stock

Starbucks argues before Supreme Court to weaken NLRB’s power

Calculating The Intrinsic Value Of Starbucks Corporation (NASDAQ:SBUX)

US Supreme Court leans toward Starbucks in the case of pro-union workers

US Supreme Court examines firings of pro-union Starbucks workers

Starbucks appears likely to win Supreme Court dispute with federal labor agency

Company Bosses Draw a Red Line on Office Activists

This Year's Average Tax Refund Was $3,011, According to the IRS. 3 Excellent Stocks You Can Buy for Less

1 Growth Stock Down 25% to Buy Right Now

Can This Growth Stock Become the Next Starbucks?

Performance Overview