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Prediction: 2 Stocks That'll Be Worth More Than Pepsi and Starbucks 5 Years From Now
The Motley Fool· 2025-01-05 09:10
It's hard to think of a business with more iconic brands than PepsiCo. Not only does it own its namesake Pepsi brand, which was launched under the Pepsi-Cola name in 1898, but it also owns big-name brands such as Mountain Dew, Lay's potato chips, Gatorade, Doritos, Tostitos, Quaker Oats, and more.Pepsi has been in business for more than a century and has a market capitalization surpassing $200 billion. For its part, coffee giant Starbucks hasn't been in business quite as long -- it opened its doors in 1971. ...
Starbucks (SBUX) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-12-30 23:50
In the latest trading session, Starbucks (SBUX) closed at $90.58, marking a -1.81% move from the previous day. The stock's change was less than the S&P 500's daily loss of 1.07%. Elsewhere, the Dow lost 0.97%, while the tech-heavy Nasdaq lost 1.19%.Coming into today, shares of the coffee chain had lost 9.96% in the past month. In that same time, the Retail-Wholesale sector gained 0.46%, while the S&P 500 lost 0.36%.The investment community will be paying close attention to the earnings performance of Starbu ...
Starbucks: 4 Reasons to Buy on Overblown Strike Fears
MarketBeat· 2024-12-30 13:36
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. While that may seem like a lot of workers, the retail/wholesale sector leader employs over 200,000 workers in over 10,000 stores in the country.Get Starbucks alerts:The company is coming off a kitchen sink quarter and faces growing comp ...
Starbucks loses appeal of NLRB ruling that found it illegally fired baristas
New York Post· 2024-12-27 20:07
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.The 3rd US Circuit Court of Appeals said Starbucks lacked standing to challenge the constitutionality of NLRB administrative law judges, in a possible setback for companies such as Amazon, Trader Joe’s and Elon Musk’s SpaceX that have sought to limit the agency’s enforcement powers.Circuit Judge Tho ...
Is Starbucks (SBUX) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-12-27 15:31
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?Let's take a look at what these Wall Street heavyweights have to say about Starbucks (SBUX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Starbucks currently has an average broker ...
Starbucks Stock Finishes Higher With Striking Baristas Expected to Return to Work
Investopedia· 2024-12-24 19:25
Key TakeawaysShares of Starbucks rose Tuesday as its striking baristas were expected to return to work on Wednesday. Its union has demanded a higher minimum wage and other concessions from the company.A Starbucks executive said most of its locations remained open during the striker, also calling the union's pay request "not sustainable." Shares of Starbucks (SBUX) finished Tuesday higher amid reports that its striking baristas would return to work. The union representing some Starbucks baristas had earlier ...
Starbucks Barista Strike Expands to More Than 300 US Locations
Investopedia· 2024-12-24 16:50
Key TakeawaysThe strike by some Starbucks baristas has expanded to 300 stores in the U.S., according to the union representing them.The union is demanding a higher minimum wage and other concessions from the company.A Starbucks executive said a vast majority of its locations remained open, and the union's pay request is "not sustainable." 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. St ...
A Starbucks workers' strike will expand to more than 300 locations across the US on Christmas Eve, union says
Business Insider· 2024-12-24 11:54
A strike by Starbucks baristas is expanding, their union said.The strike is due to expand to more than 300 locations on Tuesday, it said.The union wants better pay and said Starbucks had not settled many unfair labor practice cases.A strike by Starbucks workers will expand to more than 300 locations on Tuesday, a union that represents the company's baristas said.Advertisement Starbucks Workers United said on Monday that walkouts by workers would reach new locations like Atlanta and Buffalo, as well as othe ...
Starbucks workers expand strike, closing nearly 60 stores in several US cities
Fox Business· 2024-12-24 11:20
Starbucks workers have expanded their strike to more cities and closed 59 stores across the U.S. as of Monday, according to the union, which represents more than 10,000 baristas. The strike began Friday in Los Angeles, Chicago and Seattle, but has since spread to stores nationwide, including in Boston, Dallas, Portland, New York City, Denver, Pittsburgh, Philadelphia and St. Louis."We respect our partners’ right to engage in lawful strike activity, and we appreciate the thousands of partners across the coun ...
Could Buying Dutch Bros Stock Today Set You Up for Life?
The Motley Fool· 2024-12-24 10:21
When it comes to coffee stocks, Starbucks (SBUX -0.60%) has set the bar. Even if you bought the stock early in 1995 (a couple of years after its initial public offering), you could have a gain of more than 10,000% if you still owned the stock. That's the type of return that can set you up for life.The next coffee stock trying to emulate Starbucks' success is Dutch Bros (BROS -2.04%), which is just a few years removed from its September 2021 IPO. Let's see if this stock has the same potential to set investor ...