NasdaqGS - Nasdaq Real Time Price USD

Starbucks Corporation (SBUX)

88.59

+0.75

(+0.85%)

As of 2:17 PM EDT. Market Open.

Starbucks and US workers' union meet for contract negotiations

The coffee chain and Workers United, that represents Starbucks workers in the United States, began negotiations this week on what they called a "foundational framework" to guide union organizing and collective bargaining across the country. Workers at more than 420 of Starbucks' 9,000 U.S. stores have voted to unionize since 2021. "We discussed a broad range of topics, including ... details relating to the union's representation of partners as both sides worked on the foundational framework that will contribute to single-store contract negotiations and ratification," Starbucks and the union said in a joint statement on Friday.

Reuters 2 hours ago

SBUX
+0.85%
Stocks to watch next week: Amazon, Apple, Anglo American and Novo Nordisk

Earnings preview of key companies reporting next week and what to look out for.

Yahoo Finance UK 4 hours ago

^FTSE

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NXGPY
Starbucks (SBUX) Gears Up for Q2 Earnings: What's in Store?

Starbucks' (SBUX) second-quarter fiscal 2024 results are likely to reflect robust comparable sales growth.

Zacks 6 hours ago

SBUX
+0.85%
SHAK

QSR
Whirlpool, Struggling to Sell Large Appliances, Bets on $2,000 Espresso Maker

(Bloomberg) -- Whirlpool Corp. is struggling to sell large appliances so it’s hoping you’ll pay big appliance prices for a high-end espresso machine.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Trans

Bloomberg 7 hours ago

WHR

SBUX
+0.85%
Texas Roadhouse (TXRH) Reports Next Week: Wall Street Expects Earnings Growth

Texas Roadhouse (TXRH) possesses 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

TXRH

SBUX
+0.85%
Countdown to Starbucks (SBUX) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Beyond analysts' top -and-bottom-line estimates for Starbucks (SBUX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Zacks yesterday

SBUX
+0.85%
Starbucks (SBUX) Outperforms Broader Market: What You Need to Know

Starbucks (SBUX) reachead $88.75 at the closing of the latest trading day, reflecting a +1% change compared to its last close.

Zacks yesterday

SBUX
+0.85%
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 yesterday

SBUX
+0.85%
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 2 days ago

SBUX
+0.85%
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 2 days ago

SBUX
+0.85%
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 2 days ago

CMG
+2.47%
SBUX
+0.85%
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 2 days ago

SBUX
+0.85%
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 2 days ago

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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 2 days ago

SBUX
+0.85%
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 3 days ago

SBUX
+0.85%
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 3 days ago

SBUX
+0.85%
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 3 days ago

SBUX
+0.85%
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 3 days ago

SBUX
+0.85%
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 3 days ago

SBUX
+0.85%
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. 3 days ago

SBUX
+0.85%

Performance Overview

Return	SBUX	S&P 500
YTD	-7.17%	+7.07%
1-Year	-17.19%	+25.43%
3-Year	-19.79%	+22.18%

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Starbucks Corporation (SBUX)

Starbucks and US workers' union meet for contract negotiations

Stocks to watch next week: Amazon, Apple, Anglo American and Novo Nordisk

Starbucks (SBUX) Gears Up for Q2 Earnings: What's in Store?

Whirlpool, Struggling to Sell Large Appliances, Bets on $2,000 Espresso Maker

Texas Roadhouse (TXRH) Reports Next Week: Wall Street Expects Earnings Growth

Countdown to Starbucks (SBUX) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Starbucks (SBUX) Outperforms Broader Market: What You Need to Know

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)

Performance Overview