Coffee retailer Starbucks Co. NASDAQ: SBUX stock sold off for the majority of December 2024 as its union workers went on a five-day strike on December 20. The Starbucks Union Workers is a coalition of over 11,000 baristas across 535 company-owned stores in the United States.
A federal appeals court largely rejected Starbucks' appeal of a NLRB finding the coffee chain illegally fired two baristas because they wanted to organize a union.
A federal appeals court on Friday largely rejected Starbucks' appeal of a National Labor Relations Board finding the coffee chain illegally fired two Philadelphia baristas because they wanted to organize a union.
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to share his bull case for Starbucks
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
This coffee chain is gaining market share in a sector dominated by a few big players.
The Investment Committee give you their top stocks to watch for the second half.
A worker strike against Starbucks Inc. (NASDAQ: SBUX) started in Chicago, Los Angeles, and Seattle. Depending on the source, it then moved to nine states, including Colorado, Missouri, New Jersey, New York, Ohio, and Pennsylvania. The total number of stores is in the hundreds, including 10,000 workers. Maybe. 24/7 Wall St. Key Points Workers are on strike at hundreds of Starbucks Inc. (NASDAQ: SBUX) stores. How big a strike and what the consequences will be remain uncertain. Take this quiz to see if you’re on track to retire. (sponsored) Does It Matter? Will Starbucks take a hit to its sales or reputation? Workers United, which represents Starbucks workers union, said 525 stores would be affected by the walkout on Christmas Eve. The union represents people at 500 stores. The union also says that striking workers cover 300 locations. Once again, it is hard to decipher how many people are on strike and whether, as Workers United says, the number of stores affected grows daily. The real question about the strike is how much it will affect Starbucks. It has over 16,400 stores in the United States. Based on that, a strike against a few hundred stores should not do much. While it may seem that way on the surface, it may be a bigger problem than it appears. New Starbucks CEO Brian Niccol says he wants to return to a period of excellent customer service and strong relationships with the company’s workers. For customers, this includes faster delivery of drinks and food. It also includes returning Starbucks to a community where customers like to “mingle.” For workers, it means Starbucks will be the “best place to work” and a good one for “career opportunities.” Workers United says that Starbucks has not resolved “more than 150 unfair-labor-practice charges on issues like retaliatory firings and cuts to hours, and because Starbucks had not offered a substantial wage increase during contract negotiations,” according to The New York Times. That seems to be counter to what Niccol says he wants. But is the 150 figure accurate? It is hard to say. Workers are on strike at Starbucks. It is hard to determine whether this will take a bite from sales or the company’s reputation since no one is sure what the strike’s dimensions are. Starbucks Just Paid Investors: Here’s How Much They Received 100 Million Americans Are Missing This Crucial Retirement Tool The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away. Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever. A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow. Click here to learn how to get a quote in just a few minutes. The post Who Knows How Many Starbucks Workers Are on Strike? appeared first on 24/7 Wall St..
Starbucks (SBUX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
If a strike by Starbucks' (NASDAQ: SBUX) workers is supposed to get them better benefits and treatment, the store count affected by the union action is modest.
Shares of Starbucks (SBUX) finished Tuesday higher amid reports that its striking baristas would return to work.
The union representing some Starbucks (SBUX) baristas announced that workers in 300 stores in the U.S. are now taking part in a strike against the biggest coffee chain.