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STARBUCKS ALERT: Bragar Eagel & Squire, P.C. is Investigating Starbucks Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-10-30 09:00
NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Starbucks Corporation (NASDAQ:SBUX) on behalf of long-term stockholders following a class action complaint that was filed against Starbucks on August 28, 2024 with a Class Period from November 2, 2023 to April 30, 2024. Our investigation concerns whether the board of directors of Starbucks have breached their fiduciary duties to the company. ...
Starbucks tells corporate workers to return to office or risk being fired
The Guardian· 2024-10-30 02:55
Starbucks office workers will risk losing their jobs if they fail to comply with the company’s hybrid work requirement that employees are in the office three times a week.According to the Wall Street Journal an internal message sent to employees warns that an “accountability process” will start in January 2025. Consequences for non-compliance are “up to, and including, separation”, according to the company message.“We are continuing to support our leaders as they hold their teams accountable to our existing ...
Starbucks threatens to fire employees who don't come to the office — just weeks after reportedly letting new CEO work from home
New York Post· 2024-10-29 23:07
Starbucks has reportedly warned corporate employees that they will lose their jobs if they don't report to the office three days per week — just weeks after sparking backlash for allowing its new CEO to work from his Southern California home. The Seattle-based coffeehouse chain will institute a new policy in January that will include a "standardized process" to hold employees accountable if they fail to adhere to the company's return-to-office policy, according to a memo that was circulated to one of the co ...
Starbucks Goes Back to Basics
The Motley Fool· 2024-10-29 02:49
The coffee chain drops some bad news early, while General Motors takes a victory lap. In this podcast, Motley Fool analyst Kirsten Guerra and host Mary Long discuss: Starbucks' bitter earnings; CEO Brian Niccols' barista-focused turnaround plan. Surprising beats from an old automaker. Then, Mary and Motley Fool analyst Tim Beyers discuss Instacart's "Caper Cart" technology and advertising business. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started in ...
Should You Buy, Sell or Hold Starbucks Stock Before Q4 Earnings?
ZACKS· 2024-10-29 00:41
Starbucks Corporation (SBUX) is slated to release fourth-quarter fiscal 2024 numbers on Oct. 30, after the closing bell. In the last reported quarter, the company's earnings met the Zacks Consensus Estimate. SBUX surpassed earnings estimates in one of the trailing four quarters, the average surprise being a negative 1.7%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. What the Zacks Model Unveils Our proven model does not conclusively predict an earnings beat for Starbucks this ti ...
Starbucks: Can Brian Nichol Turnaround the Coffee Giant?
The Motley Fool· 2024-10-28 19:30
Does Starbucks have the key to reignite growth and outperform the market?In this episode of the Motley Fool's CrunchTime series, Fool contributor Jason Hall analyzes Starbucks' (SBUX 0.17%) current challenges, including declining sales and operational issues, and discuss the company's potential for growth and turnaround under the leadership of Brian Nichol.*Stock prices used were from the morning of Oct. 25, 2024. The video was published on Oct. 28, 2024. ...
Contact The Gross Law Firm by October 28, 2024 Deadline to Join Class Action Against Starbucks Corporation (SBUX)
Prnewswire· 2024-10-28 17:45
NEW YORK, Oct. 28, 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=109392&from=4 CLASS PERIOD: November 2, 2023 ...
Starbucks Pulls Guidance as Promotions Fail to Drive Traffic. Should Investors Worry?
The Motley Fool· 2024-10-27 21:00
The company preannounced very poor fiscal Q4 results.Starbucks' (SBUX 0.17%) problems did not suddenly go away when it named Brian Niccol as CEO, despite his track record at Chipotle Mexican Grill. That fact reared its ugly head when the company decided to release a snapshot of its poor quarterly results ahead of its actual earnings report.The stock initially reacted negatively before rallying to close the day slightly in positive territory. The market action shows that investors are willing to give Niccol ...
Starbucks Serves Up a Cold Q4. Is the Turnaround Still Alive?
The Motley Fool· 2024-10-27 06:06
Sales and profits fell sharply in the fourth quarter. Here's what it means for the turnaround. Investors in Starbucks (SBUX 0.17%) knew that the arrival of Brian Niccol, the former star CEO of Chipotle, in the corner office wouldn't magically fix the business. Still, they were unprepared for how bad Starbucks' performance was in the fiscal fourth quarter, which ended Sept. 29. The coffee chain dumped its preliminary results on investors a week earlier, clearing the air before the full report next Wednesday. ...
SBUX DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Starbucks Corporation Investors to Secure Counsel Before Important October 28 Deadline in Securities Class Action – SBUX
GlobeNewswire News Room· 2024-10-26 22:10
文章核心观点 - 公司在2023年11月2日至2024年4月30日期间的证券交易中存在违规行为,投资者可能有权获得赔偿[1][3] - 公司在该期间内发布了虚假和误导性信息,隐瞒了与其"重塑"战略相关的重大不利事实[3] - 当真实情况被披露时,投资者遭受了损失[3] 根据相关目录分别进行总结 公司概况 - 公司是一家全球性的投资者权益法律公司,专注于证券集体诉讼和股东衍生诉讼[2] - 公司在2017年证券集体诉讼和和解方面排名第一,并在过去多年中一直位列前四名,为投资者收回了数亿美元[2] - 公司创始合伙人Laurence Rosen在2020年被法律杂志评为原告律师界的泰坦[2] 案件详情 - 公司在2023财年的收入和2024财年的预期指引方面向投资者提供了重要信息[3] - 公司声称对其"重塑"和全球业务多元化充满信心,这主要依赖于忠诚客户和偶尔消费者[3] - 但同时公司却在传播虚假和误导性信息,隐瞒了与"重塑"战略相关的重大不利事实[3] - 当真实情况被披露时,投资者遭受了损失[3]