Starbucks (SBUX) closed at $96.90 in the latest trading session, marking a +0.81% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.7%. Elsewhere, the Dow saw an upswing of 1.26%, while the tech-heavy Nasdaq appreciated by 2.51%.Shares of the coffee chain have appreciated by 3.6% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 4.02% and outperforming the S&P 500's gain of 1.27%.Analysts and investors alike will be keeping a clo ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Starbucks To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Starbucks between November 2, 2023 and April 30, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 19, 2024 ( ...

NEW YORK, Sept. 19, 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=103508&from=4CLASS PERIOD: November 2, 2023 to ...

Key TakeawaysAddressing lagging sales in China has been seen as a key issue for new Starbucks CEO Brian Niccol. Bank of America analysts said Wednesday that his global experience should help.The coffee giant's sales have fallen in China in recent years, with executives citing a slow post-COVID economy as a reason.Starbucks' China same-store sales dropped by 14% year-over-year in the most recent quarter. Starbucks' (SBUX) falling sales in China are one of the major issues for new CEO Brian Niccol, who took o ...

NEW YORK, Sept. 18, 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=103190&from=3  CLASS PERIOD: November 2, ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying SBUX stock? Here’s what analysts think: Read Next: ...

SAN DIEGO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Starbucks Corporation (NASDAQ: SBUX) securities between November 2, 2023 and April 30, 2024. Starbucks is an American multinational chain of coffeehouses and roastery reserves. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Inves ...

We also give an investor's overview of Academy Sports and Outdoors.In this podcast, Motley Fool analyst Jim Gillies and host Ricky Mulvey discuss:The situation that Niccol is coming into at Starbucks.Why previous leadership at the coffee giant didn't work out.A sporting goods retailer that may have reached the bottom.Then, Motley Fool personal finance expert Robert Brokamp kicks off a two-part interview with Dave Hatter, a cybersecurity consultant at Intrust IT, about the Social Security database hack and h ...

Core Points - Michael Conway, CEO of Starbucks North America, is retiring in November after only eight months in the role, and the company will not appoint a replacement [1][2][4] - Sara Trilling, the current North American President, will take over the leadership of retail operations in the region [1][4] - Conway's retirement follows a recent leadership restructuring at Starbucks, which included the appointment of Brian Niccol as the new CEO [4][5] Leadership Changes - Conway previously held the position of group president of international and channel development and president of Starbucks Canada before becoming North America CEO [3] - Trilling has been with Starbucks for 22 years and previously oversaw 3,500 stores as senior vice president of the north division [4] - The decision to streamline leadership aims to enhance efficiency in decision-making processes within the company [4] Operational Challenges - Starbucks has faced operational issues in North America, including complex drink orders, rising prices, and fluctuating foot traffic, which have affected staff and profitability [5] - The company has also experienced public criticism and pressure from boycotts, particularly from former CEO Howard Schultz [5] - Niccol's plans for transformation focus on improving operations and enhancing customer experience [5]

A US agency has ordered Starbucks to reopen two stores in Ithaca, NY after a labor judge ruled that the Seattle-based coffee giant illegally shut down the locations last year in order to “chill unionism.”Geoffrey Carter, an administrative law judge with the National Labor Relations Board, ruled on Friday that Starbucks “violated the National Labor Relations Act” by “permanently closing its two remaining stores in Ithaca … for antiunion reasons” while “failing and refusing to bargain with Workers United.”Sta ...