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The Latest Breaking News from Starbucks

Starbucks reports higher profits, but Omicron adds costs

New York (AFP) - Starbucks reported higher quarterly profits Tuesday, but said an unexpectedly costly hit from the latest Covid-19 wave would lead to further price increases.

AFP

Starbucks: Q1 Earnings Insights

Starbucks (NASDAQ:SBUX) reported its Q1 earnings results on Tuesday, February 1, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Benzinga

Starbucks Appears Sleepy Heading Into Earnings: Will The Stock's Reaction Jolt Investors?

Starbucks Corporation (NASDAQ: SBUX) is muted ahead of its first-quarter 2022 earnings print, which is expected after the closing bell on Tuesday.

Benzinga

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read the most diverse news in one place.

Effort to unionize Starbucks takes root in Atlanta

Union-organizing efforts are underway at several Starbucks stores in metro Atlanta, part of a nascent but growing national campaign.

Tribune News Service

Workers at two Philly Starbucks stores want to unionize

Starbucks workers at two Philadelphia stores took a key step in forming a union last Friday, accelerating a budding labor movement at the coffee giant that has seen employees at dozens of the chain's locations nationwide try to organize.

The Philadelphia Inquirer

Coffee Prices Hit 10-Year Highs: What It Means For Starbucks Investors

Coffee prices recently hit the highest level in 10 years, but Bank of America analyst Sara Senatore said Monday that Starbucks Corporation (NASDAQ: SBUX) investors shouldn't sweat coffee inflation.

Benzinga

Starbucks Has Hit a Pandemic-Era Milestone

Foot traffic in November was up 13.2% from pre-pandemic 2019.

The Street

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Starbucks employees are now petitioning to unionize at 50 US stores

Starbucks Corp. employees are now petitioning to unionize at around 50 stores across the U.S., rapidly expanding the reach of a campaign that last month established the sole unionized foothold among the chain’s thousands of corporate-run U.S. sites.

Tribune News Service

If You Invested $1,000 In Starbucks Stock One Year Ago, Here's How Much You'd Have Now

Investors who have owned stocks in the last year have generally experienced some decent gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the past 12 months is 21%. But there is no question some big-name stocks performed better than others along the way.

Benzinga

Starbucks's Earnings Outlook

Starbucks (NASDAQ:SBUX) is set to give its latest quarterly earnings report on Tuesday, 2022-02-01. Here's what investors need to know before the announcement. Analysts estimate that Starbucks will likely report an Earnings Per Share (EPS) of $0.80.

Benzinga

Workers at four Michigan Starbucks stores join unionization movement

Employees at four Starbucks locations in Michigan are joining the movement to unionize workers at the country's biggest coffee chain.

Tribune News Service

Cramer's Mad Money Recap 1/28: Alphabet, Exxon, AMD, Starbucks

Jim Cramer says investors should have their shopping list ready for the next selloff. He's got your game plan for next week.

The Street

Paul Sullivan: It’s hard to keep a hiring search secret in Chicago — just ask the Bears fan who shot the video of new GM Ryan Poles at O’Hare

CHICAGO — Noah Pinzur had a piece of advice for Eric Bohn.

Chicago Tribune

Starbucks's Debt Overview

Shares of Starbucks (NASDAQ:SBUX) moved lower by 13.20% in the past three months. Before we understand the importance of debt, let us look at how much debt Starbucks has.

Benzinga

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StockNews.com

Buy the Dip: Scoop Up These 4 Top-Rated Stocks Trading Near 52-Week Lows

Because the Fed appears to be ready to raise interest rates as soon as March, the current market correction is expected to continue. So, we think investors should take advantage of the dip in share prices to benefit from upside in the future. Starbucks (SBUX), Align Technology (ALGN), The Toro…

The Street

Goldman Sachs: More Stock Declines Mean Buying Opportunity

Goldman Sachs analysts cite Amazon, Tesla, Starbucks, FedEx, Salesforce, AMD and Chipotle as stocks to consider.

The Street

Starbucks Tries a New Drink Line: Can It Take Down a Monster?

It's entering a crowded energy drink space where giants including Monster and Red Bull have fended off some major challengers.

Bristol Post

Bradley Stoke reacts as McDonald's and Starbucks to open drive-thrus at Willow Brook

"I wouldn’t like it if I was living close."

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Tribune News Service

Employees at 2 more Seattle Starbucks locations plan to unionize

Employees at two more Seattle Starbucks locations hope to unionize, expanding the nationwide union push in the coffee giant's hometown.

Benzinga

After Major Rebrew, Is Luckin Seeking To Re-list In New York?

Key takeaways:

Bristol Post

McDonalds and Starbucks to open Bradley Stoke drive-thrus ‘in August’ despite opposition

Plans for two new takeaways at the Willow Brook shopping centre were granted planning permission on appeal in 2020

Edinburgh Live

Edinburgh set for another new Starbucks drive thru in historic Old Town location

Euro Garages are behind the venture and the retail group have been opening up Starbucks drive thrus across the UK in recent years after they agreed a partnership deal

Benzinga

Here's How Much $100 Invested In Starbucks 20 Years Ago Would Be Worth Today

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 20 years by 8.17% on an annualized basis.

Reason

Starbucks Rescinds Employee COVID-19 Vaccine Mandate

Starbucks has decided the vaccine mandate isn't good for their business

The Independent UK

Customers boycott Starbucks after coffee chain reverses vaccine mandate for workers

Company cited recent Supreme Court decision to stay a rule requiring employees to either get vaccinated or tested weekly

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