Core Viewpoint - Starbucks reported mixed Q1 fiscal 2026 results, with earnings missing estimates but revenues exceeding expectations, indicating a potential for sustainable growth driven by the "Back to Starbucks" strategy [3][4]. Financial Performance - Earnings per share (EPS) for Q1 fiscal 2026 were 56 cents, missing the Zacks Consensus Estimate of 58 cents, and down 19% from 69 cents in the prior-year quarter [5]. - Net revenues reached $9.91 billion, surpassing the consensus mark of $9.64 billion, reflecting a year-over-year increase of 5.5% [5]. - Global comparable store sales increased by 4% year over year, supported by a 3% rise in comparable transactions and a 1% increase in average ticket [6]. Segment Analysis - North America segment net revenues were $7.28 billion, up 3% year over year, with comparable store sales rising 4% [8]. - International segment net revenues increased by 10% year over year to $2.06 billion, with comparable store sales up 5% [9]. - Channel Development segment net revenues grew by 20% year over year to $522.7 million, driven by contributions to the Global Coffee Alliance [10]. Margin and Cost Analysis - Non-GAAP operating margin contracted by 180 basis points to 10.1% due to increased labor costs and inflationary pressures [7]. - North America operating margin decreased by 480 basis points to 11.9%, while the International segment's operating margin improved by 100 basis points to 13.7% [8][9]. Financial Position - The company ended Q1 with cash and cash equivalents of $3.41 billion, up from $3.22 billion at the end of the previous quarter [11]. - Long-term debt remained stable at $14.6 billion [11]. Future Outlook - Starbucks anticipates global and U.S. comparable store sales to rise at least 3% in fiscal 2026, with overall net revenues expected to increase at a similar pace [12]. - Non-GAAP EPS is projected to be between $2.15 and $2.40, with plans to open approximately 600 to 650 net new locations [13].

IPO-bound OYO's parent entity PRISM on Wednesday announced the appointment of former SEBI Chairman Ajay Tyagi as an Independent Director on its Board.His appointment comes as PRISM aims to further strengthen its board and governance framework as it strives to grow and access the public markets."Tyagi joins an experienced board with expertise across governance, consumer businesses, technology and strategic investments," OYO said in a statement.The board comprises Independent Directors, including William Stev ...

Starbucks’ India unit is adding stores and building out a menu of protein foam coffee to Mumbai’s street-style buns to boost its footprint in the world’s most-populous country https://t.co/8UBVyXIgy4 ...

Heard on the Street: Starbucks is winning back customers in the morning. To regain investors, it has to own the afternoon. https://t.co/59FiA5KBun ...

Urmează ți pasiunea și succesul va urma. Cât de des ați auzit asta. Sună bine, nu i așa.Te inspiră, te motivează, poate te face să te gândești. Dacă am o pasiune, de ce să nu o transform într o afacere. Bună ziua.Mă numesc Alexandra Bevera și scopul meu astăzi nu este să vă învăț să urmați vise, nu. Deoarece realitatea, din păcate este mult mai dură decât un vis. Și la urma urmei, dacă pasiunea ar garanta succesul, de ce vedem atâtea vise frumoase care se sting.Atâția oameni talentați care renunță. Mulți în ...

Core Viewpoint - A coalition of Starbucks investors is intensifying pressure on the company's board regarding ongoing labor issues, urging votes against the reelection of key board members due to perceived failures in labor relations oversight [2][5][6] Labor Relations and Unionization - Starbucks baristas began unionizing in late 2021, but as of now, the company has not reached its first collective bargaining agreement despite multiple strikes and political support [3] - Starbucks Workers United claims to represent over 12,000 baristas across more than 600 locations, although a company spokesperson indicated that the union represents closer to 550 stores, or less than 5% of its company-owned locations [3] - The company has faced over 700 charges of labor rights violations filed with the National Labor Relations Board, marking a significant historical high [7] Investor Concerns - Investors, including notable funds and officials, argue that the board has retreated from its commitments to improve labor relations, which they believe is inconsistent with the company's turnaround strategy [5][6][12] - The investor coalition highlights a lack of transparency and engagement from the board, noting a decline in shareholder interactions related to labor oversight matters [15] Financial and Legal Implications - Starbucks has faced a $38.9 million settlement over alleged violations of the Fair Workweek Law, affecting over 15,000 workers, which is noted as the largest labor law settlement in New York City's history [9] - Since January 2025, workers have filed more than 125 unfair labor practice charges, including allegations of retaliatory firings and failure to bargain in good faith [8] Governance and Oversight Changes - The board's decision to eliminate the Environmental, Partner, and Community Impact (EPCI) Committee, which was responsible for overseeing labor relations, has raised concerns among investors about the board's commitment to labor oversight [11][12] - The abrupt governance changes have led to questions regarding the board's accountability for the ongoing labor tensions, particularly for board members who have held significant roles in labor oversight [14]

Core Viewpoint - Concerns about an AI stock bubble are prevalent, prompting a look at Starbucks as a potential investment opportunity due to its recent recovery signs after two years of struggles [1][2]. Company Overview - Starbucks operates a chain of café restaurants and has undergone significant changes under new CEO Brian Niccol, shifting back to being a "third place" for customers rather than just a grab-and-go coffee shop [7]. Recent Performance - Starbucks has experienced stagnant and declining sales over the past two years, with only a 2% increase since 2021, while the S&P 500 rose over 75% in the same period [5]. - The company reported a 3% increase in comparable transactions per store and a 4% global sales growth in Q1 of fiscal 2026, marking the first sales growth in eight quarters [9]. - Consolidated net revenue grew 6% to $9.9 billion in the latest quarter, although operating margin fell by 640 basis points to 41.3% and earnings per share (EPS) decreased by 62% [10]. Strategic Initiatives - Starbucks plans to renovate 10% of its U.S. stores to enhance customer comfort, which includes adding comfier chairs and more power outlets to encourage longer stays [8]. - The company opened 128 new stores in the last quarter, bringing the total to 41,118 worldwide, with 52% being company-operated and 48% franchised [9]. Market Position - The stock has recovered by almost 11% over the past month, indicating positive momentum for the company following its latest earnings release [6]. - The international operations of Starbucks showed strong performance, with net revenue from these locations surging by 10.3% and operating income growing by 19.2% [10].

Tonight, the figure skating community is mourning the sudden and shocking loss of Sam Lahan, a synchronized skater who competed on the national stage turned coach in Missouri. >> It's just hard to see somebody so kind and passionate and loved by so many people to be taken away. The 28-year-old was on the way to meet friends to watch the Olympics, according to Lahan's partner, and stopped at a Starbucks drive-thru.That's when investigators say Lahan was gunned down in the car around 10:00 a. m. Tuesday, by t ...

Howard Schultz took charge of Starbucks in the 1980s, taking a regional coffee company with 11 stores and pouring it into a global brand with 35,000 locations. He served three stints as CEO, most recently stepping down in early 2023. Schultz has carved out his spot on the #Forbes250 list, featuring people actively changing how America works, builds and invents.Get the full list: https://t.co/kszvRsR2NBPhoto: Stephen Brashear via Getty Images ...

Core Insights - The restaurant sector is experiencing mixed performance, with some stocks showing resilience while others struggle [2][3][12] Restaurant Performance - McDonald's reported strong earnings, particularly in comparable sales, contributing to its stable performance [2][15] - Chipotle is trading higher, reflecting positive market sentiment [2] - Brinker, known for its Chili's brand, is highlighted as a best-in-class performer, benefiting from attractive promotions that draw customers [5][6] Investment Preferences - Individual stock selection is crucial, with a focus on outperformers rather than traditional giants like McDonald's [4][12] - Darden, which includes brands like Olive Garden and Capitol Grill, is favored for its diverse dining options [7] - Non-traditional restaurant stocks such as Casey's and Dutch Bros are also considered strong investments, with Casey's being recognized for its pizza offerings [8][9] Consumer Trends - Value is a significant factor driving consumer choices, with casual dining establishments like Chili's and Olive Garden being well-positioned in the current market [9][12] - Fast food chains are facing challenges due to inflation and pricing pressures, impacting their margins [10][13] Market Strategies - Yum Brands, which includes Taco Bell and KFC, is noted for its unique offerings, although it is not among the top five holdings [13][15] - A covered call strategy is suggested for Yum Brands, allowing investors to benefit from dividend yields while managing risk [16][18]