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These Analysts Say Brian Niccol's Past Could Help Starbucks' China Recovery. Here's Why.
Investopedia· 2024-09-19 02:25
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 ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 28, 2024 in Starbucks Corporation Lawsuit – SBUX
GlobeNewswire News Room· 2024-09-19 01:34
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, ...
Starbucks To Rally More Than 22%? Here Are 10 Top Analyst Forecasts For Wednesday
Benzinga· 2024-09-18 21:06
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: ...
SBUX CLASS ACTION: Starbucks Corporation Stockholders Should Contact Robbins LLP for Information About the Securities Class Action Lawsuit
GlobeNewswire News Room· 2024-09-18 07:02
文章核心观点 - 根据投诉,被告在类期间内营造了公司收入前景和预期增长可靠的虚假印象,同时也最小化了季节性和海外市场(尤其是中国)增长带来的风险[1] - 事实上,公司的"重塑"计划未能达到公司的预期目标,该计划无法应对现有的宏观不确定性和竞争,尤其是在中国市场[1] - 2024年4月30日,公司发布了令人失望的2024财年第二季度业绩亮点,并下调了2024财年的指引,导致公司股价在一天内下跌超过15%[2] 公司概况 - 公司是一家总部位于美国的跨国连锁咖啡店和烘焙储备公司[1] 公司业绩 - 公司2024财年第二季度业绩亮点令人失望,并下调了2024财年的指引[2] - 公司股价在2024年4月30日至5月1日一天内下跌超过15%[2] 投资者诉讼 - 有投资者代表全体购买或以其他方式获得公司证券的人员提起集体诉讼[1] - 投资者可以申请担任集体诉讼的首席原告,代表其他集体成员指导诉讼[2] - 即使不参与诉讼,投资者也可以作为缺席集体成员获得赔偿[2]
Brian Niccol's Venti Task at Starbucks
The Motley Fool· 2024-09-18 06:55
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 ...
Starbucks' North America CEO is retiring after only 8 months on the job — and he won't be replaced
Business Insider· 2024-09-17 12:53
Michael Conway, Starbucks' North America CEO, is retiring in November, without a replacement.Sara Trilling, Starbucks' North American President will lead retail operations in the region.Conway took up the newly created role in April after a leadership restructuring. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a perso ...
US orders Starbucks to reopen 2 New York stores company shut down after workers unionized
New York Post· 2024-09-16 22:36
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 ...
SBUX INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Starbucks Corporation Investors with Substantial Losses Have Opportunity to Lead Case
GlobeNewswire News Room· 2024-09-16 18:01
SAN DIEGO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Starbucks Corporation (NASDAQ: SBUX) securities between November 2, 2023 and April 30, 2024, inclusive (the “Class Period”), have until October 28, 2024 to seek appointment as lead plaintiff of the Starbucks class action lawsuit. Captioned Garbaccio v. Starbucks Corporation, No. 24-cv-01362 (W.D. Wash.), the Starbucks class action lawsuit charges Starbucks as well as certain of Starbucks’ ...
The Gross Law Firm Notifies Shareholders of Starbucks Corporation(SBUX) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2024-09-16 17:45
NEW YORK, Sept. 16, 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=102419&from=4 CLASS PERIOD: November 2, 2023 to ...
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Starbucks Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – SBUX
GlobeNewswire News Room· 2024-09-15 22:34
NEW YORK, Sept. 15, 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 ...