WATERLOO, Ontario, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The United Steelworkers union (USW) is pleased to announce a favourable arbitration ruling for members at the Uptown Waterloo Starbucks store who have reached their first collective agreement with the coffee giant. The decision by a provincial government arbitration board follows extensive but constructive bargaining between the USW and Starbucks to secure a first contract for the employees, who voted to join the union in May 2023. The Waterloo store beco ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Starbucks (SBUX) .Starbucks currently has an average brokerage re ...

NEW YORK, Oct. 7, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Starbucks Corporation (NASDAQ: SBUX).Shareholders who purchased shares of SBUX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/starbucks-loss-submission-form/?id=106646&from=4 CLASS PERIOD: November 2, 2023 to A ...

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Starbucks Corp (NASDAQ: SBUX) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Starbucks insiders caused the company to misrepresent or fail to disclose material information concerning Starbucks' fiscal year revenue for 2023 and expected guidance for the fiscal year 2024.   On April 30, 2024, the company announce ...

Key TakeawaysStarbucks announced that it has added two Central American "innovation farms" to its coffee bean sourcing network.The farms, in Guatemala and Costa Rica, are part of Starbucks' plans to protect its supply chain from the growing effects of climate change, which can lead to increased prices for consumers.The coffee giant said it plans to invest in more farms in Africa and Asia in the future. Starbucks (SBUX) added to its efforts to protect its supply chain from the effects of climate change Thurs ...

A sign outside of the Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington.More than a decade ago, Starbucks bought its first coffee farm, in Costa Rica. Now the coffee giant has added two more to its portfolio.The Seattle-based company said Thursday that it's invested in another farm in Costa Rica and its first in Guatemala in the hopes of getting closer to its goal of protecting its coffee supply from climate change.Rising temperatures, frosts in Brazil, three consecut ...

Shaking up their management teams, Nike (NKE)  and Starbucks (SBUX)  hope to return to glory after experiencing slower growth in recent years.Nike recently announced its CEO John Donahoe will retire on October 13 after taking over the helm in 2020 and serving on the board of directors since 2014. Donahoe will be replaced by longtime executive Elliot Hill who joined Nike in 1998 as a sales intern.Meanwhile, Starbucks appointed Brian Niccol as its new CEO last month who previously served as the head of Chipot ...

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Starbucks Corporation (NASDAQ: SBUX). Shareholders who purchased shares of SBUX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/starbucks-loss-submission-form/?id=106369&from=3 CLASS PERIOD: November 2, 2 ...

Group 1 - Starbucks has reached a milestone with 500 stores joining the Starbucks Workers United union, with over 11,000 baristas participating since the first union vote in 2021 [1] - The union emphasizes the importance of workers having a voice on the job, advocating for strong contracts that ensure respect, living wages, racial and gender equity, and fair scheduling [1] - Negotiations between the union and Starbucks have been ongoing since April, with 100 new locations successfully unionizing in the past six months [1] Group 2 - CEO Brian Niccol has expressed the company's commitment to bargaining in good faith with the union to establish a foundational framework for collective bargaining agreements [2] - The union has reported that negotiations have been productive and have made progress on various measures [2] - Baristas from the Bellingham location have communicated their reasons for organizing, highlighting the need for support to enhance customer experience and ensure the company's success [2]

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Starbucks Corporation (NASDAQ: SBUX) between November 2, 2023 and April 30, 2024, both dates inclusive (the “Class Period”), of the important October 28, 2024 lead plaintiff deadline. SO WHAT: If you purchased Starbucks securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrang ...