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The Latest Breaking News from Starbucks

Starbucks results trail estimates on higher costs, China woes

Starbucks Corp.’s U.S. operations beat expectations in the coffee chain’s latest quarter, giving interim Chief Executive Officer Howard Schultz a welcome development even as he contends with high inflation and Chinese Covid measures that hurt performance there.

Tribune News Service

Starbucks Q2 Earnings Highlights: Hits Record Q2 Revenue Despite China COVID-19 Setback, More Stores Openings Planned

Restaurant and coffee powerhouse Starbucks Corp (NASDAQ: SBUX) reported second-quarter financial results after market close Tuesday. Here are the key highlights for investors.

Benzinga

Recap: Starbucks Q2 Earnings

Starbucks (NASDAQ:SBUX) reported its Q2 earnings results on Tuesday, May 3, 2022 at 05:05 PM. Here's what investors need to know about the announcement. Earnings Starbucks reported in-line EPS of $0.59 versus an estimate of $0.59.

Benzinga

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How To Trade Starbucks Stock Heading Into Q2 Earnings

Starbucks Corporation (NASDAQ: SBUX) is set to print its second-quarter financial results after the market close. The stock was trading slightly lower heading into the event and remains down over 40% from the July 23 all-time high of $126.32.

Benzinga

What's Going On With Starbucks Shares Today?

Starbucks Corporation (NASDAQ: SBUX) shares are trading lower by 1.95% at $73.92. Traders and investors are watching for the company’s second-quarter earnings report, which is confirmed for Tuesday’s after-hours session.

Benzinga

Why Stephanie Link Is Watching Starbucks And This Stock Down Nearly 30% YTD

Hightower Advisors' Stephanie Link believes we are still in the midst of a bull market. Accordingly, she has identified a couple of stocks well off their highs that she would like to buy on any further weakness.

Benzinga

Center Parcs Sherwood Forest: Major plans submitted for changes to lodges and new restaurant

The proposals must be approved by the council

Nottingham Post

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I got three Leon breakfast muffins at Piccadilly for the price of one from McDonald's

Commuters can bag the deal themselves by downloading the Too Good To Go app

Manchester Evening News

Workers around the world mark May Day with rallies for better working conditions

From New York City to Turkey, activists and workers seized this International Workers' Day as a moment to push for greater worker protections and changes to immigration policies.

WEKU

Starbucks workers drive nationwide surge in union organizing

Starbucks workers have driven a surge in union election petitions filed with the National Labor Relations Board. Unionizing has also picked up at colleges, non-profits and pot dispensaries.

WEKU

M5 service stations: The best and worst rated by TripAdvisor reviews

Customers have ranked the best service stations on the motorway for those driving this bank holiday weekend

Bristol Post

$1000 Invested In Starbucks 15 Years Ago Would Be Worth This Much

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 15 years by 4.27% on an annualized basis producing an average annual return of 11.3%. Currently, Starbucks has a market capitalization of $87.01 billion.

Benzinga

Michigan man faces hate crime charges after threatening BLM supporters, DOJ says

The case is currently being investigated by the FBI and the Justice Department's Civil Rights Division is prosecuting the case.

WEKU

Feds: Michigan man left nooses, notes mocking BLM movement

A retired Michigan optometrist faces federal charges for allegedly leaving nooses and notes mocking the Black Lives Matter movement inside a couple’s truck and near or inside stores as well as placing threatening phone calls

The Independent UK

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Benzinga

Looking At Starbucks's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Starbucks (NASDAQ:SBUX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Tribune News Service

Feds charge Michigan man with leaving nooses, notes targeting Black Lives Matter supporters

DETROIT — A Michigan man has been charged with hate crimes for trying to intimidate residents supporting Black Lives Matter in 2020, federal officials announced Wednesday.

The Independent UK

Starbucks drive-thru sparks debate after using Johnny Depp v Amber Heard tip jars: ‘Vile’

‘This is not a reality show’

The Guardian - US

Elon Musk doesn’t understand free speech – or Twitter – at all

Twitter is less like a ‘town square’ and more like any Starbucks, McDonalds, or shopping center. It has other obligations and interests that are at odds with completely unfettered speech

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Chicago Tribune

Commentary: Earth Day to May Day represents our future

The tide of labor relations is changing as news comes in from our communities and around the country, of wage workers taking on the Amazon and Starbucks corporate commands and demanding labor unions.

Input

Apple enlists union-busting lawyers as more retail locations organize

Apple seems terrified of its employees gaining any sort of power.

The Conversation

'Great resignation' appears to be hastening the exodus of US and other Western companies from Russia

Companies across the globe are fleeing Russia in an unprecedented display of corporate solidarity with their governments, appalled over the invasion of Ukraine. Over 750 multinational businesses so far have said they’re curtailing, suspending or severing ties to Russia, more than triple the number that abandoned South Africa over apartheid…

Chicago Sun-Times

Cary store becomes 1st Chicago-area Starbucks to unionize

The vote to join an affiliate of the Service Employees International Union was 17-4 in a count supervised by the National Labor Relations Board.

Tribune News Service

Baltimore baristas unionize the first Starbucks in Maryland

Starbucks baristas in Baltimore’s Mount Vernon neighborhood voted Monday to unionize, becoming the giant coffee chain’s first Maryland workers to organize amid a fast-growing national movement.

Benzinga

Check Out What Whales Are Doing With SBUX

A whale with a lot of money to spend has taken a noticeably bearish stance on Starbucks. Looking at options history for Starbucks (NASDAQ:SBUX) we detected 15 strange trades.

Benzinga

Why This Starbucks Analyst Says Stock Valuation Is At 'Historical Low'

Starbucks Corporation (NASDAQ: SBUX) is off to a brutal start to 2022, but Bank of America analyst Sara Senatore said Monday that there's reason for optimism after taking a close look at Starbucks' quarterly demand trends.

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