NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Starbucks Corp (NASDAQ: SBUX) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Starbucks insiders caused the company to misrepresent or fail to disclose material information concerning Starbucks' fiscal year revenue for 2023 and expected guidance for the fiscal year 2024.   On April 30, 2024, the company announce ...

Key TakeawaysStarbucks announced that it has added two Central American "innovation farms" to its coffee bean sourcing network.The farms, in Guatemala and Costa Rica, are part of Starbucks' plans to protect its supply chain from the growing effects of climate change, which can lead to increased prices for consumers.The coffee giant said it plans to invest in more farms in Africa and Asia in the future. Starbucks (SBUX) added to its efforts to protect its supply chain from the effects of climate change Thurs ...

A sign outside of the Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington.More than a decade ago, Starbucks bought its first coffee farm, in Costa Rica. Now the coffee giant has added two more to its portfolio.The Seattle-based company said Thursday that it's invested in another farm in Costa Rica and its first in Guatemala in the hopes of getting closer to its goal of protecting its coffee supply from climate change.Rising temperatures, frosts in Brazil, three consecut ...

Shaking up their management teams, Nike (NKE)  and Starbucks (SBUX)  hope to return to glory after experiencing slower growth in recent years.Nike recently announced its CEO John Donahoe will retire on October 13 after taking over the helm in 2020 and serving on the board of directors since 2014. Donahoe will be replaced by longtime executive Elliot Hill who joined Nike in 1998 as a sales intern.Meanwhile, Starbucks appointed Brian Niccol as its new CEO last month who previously served as the head of Chipot ...

NEW YORK, Oct. 02, 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=106369&from=3 CLASS PERIOD: November 2, 2 ...

Demonstrators protest outside a closed Starbucks Corp. location at 505 Union Station in Seattle, Washington, US, on Saturday, July 16, 2022.Baristas at a Starbucks in Bellingham, Washington, became the 500th store to join the Starbucks Workers United union on Monday.Since the first location voted to unionize in 2021, more than 11,000 baristas have joined the union, according to a Tuesday press release."This milestone is a testament to workers building power from the ground up," said Lynne Fox, president of ...

NEW YORK, Sept. 30, 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 ...

NEW YORK, Sept. 30, 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=105584&from=4CLASS PERIOD: November 2, 2023 to ...

Starbucks Corporation (NASDAQ: SBUX ) appears to be significantly overvalued, given its struggles to grow its international business profitably. I project that the company needs to nearly double its free cash flow growth rate from 2015-2023 in order to justifyI hold a Master's in Accounting, am a small business owner, and am an assistant investing educator for beginning and intermediate individual investors. My investing analysis focus is on identifying and developing deep knowledge of great businesses. I h ...

Starbucks Corporation’s (SBUX) stock is trading just below the Zacks Restaurant industry.  With a forward 12-month Price/Earnings ratio of 24.79x, it sits marginally below the industry average of 24.97x. Despite this, SBUX remains priced higher than the broader Retail-Wholesale sector, which stands at 23.96x and the S&P 500, which averages 21.86x.In the past three months, Starbucks’ shares have surged 25.2% compared with the restaurant industry's 10.9% rise and the S&P 500's 4.7% rise. Even among the top in ...