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The Latest Breaking News from Starbucks

Starbucks Q3 Earnings Highlights: Revenue Beats Estimates And Hits Record, China Sales Bounce Back And More

Coffee company Starbucks Corporation (NASDAQ: SBUX) reported third-quarter financial results after the market close Tuesday

Zenger

Is Starbucks Too Dependent On China? 5 Analyst Takeaways On Mixed Q3 Print, Outlook

Shares of Starbucks Corp rose in early trading on Wednesday, after the company reported mixed fiscal third-quarter (Q3) results

Zenger

Starbucks Q3 Earnings Awaited As Stock Trends Lower

Investors cautious after previous quarter's drop; demand remains strong in domestic market

Zenger

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Starbucks Earnings Report Expected With High Volatility In Options Market

Options traders anticipate a significant move in Starbucks stock following quarterly earnings release.

Zenger

Australians are taking firms to court to stop office mandates

A union for banking professionals asked Australia's labor tribunal to help stop an office mandate from the Commonwealth Bank of Australia.

Fortune

Starbucks Set To Report Q3 Financial Results; Analysts Watch International Segment And Union Strikes

Starbucks Q3 Earnings: Analysts Expect Revenue of $9.29B, EPS of 95 Cents

Zenger

The unheralded woman who closed Polygon’s deals with Starbucks, Disney, and Mastercard is now a VP at OpenSea

"It's not as clear the work that women in the space are doing," Kelly DiGregorio, the incoming VP, told Fortune.

Fortune

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Is August the Time to Buy Starbucks (SBUX)?

The renowned specialty coffee retailer, Starbucks (SBUX), has flourished with the opening of new locations during its fiscal second quarter. Moreover, its profitability surpasses the industry average, prompting investors to question if August is the opportune time to load up on SBUX. Let’s look at its financial metrics to know…

StockNews.com

El Milagro workers cite gains, but why is no union involved?

For all the labor activism in other sectors, organizing at the tortilla manufacturer can be a tall order.

Chicago Sun-Times

Consumer demand for speed and convenience drives labor unrest among workers in Hollywood and at UPS

Drastic changes in consumer demands are driving labor unrest in diverse industries upended by technology

The Independent UK

Knoops taps French aristocrat for £6 million loan in bid to become the ‘new Starbucks’

The hot chocolate chain is now eyeing as many as 200 stores in the UK

Evening Standard

‘It feels like it’s strike summer’: US unions flex muscles across industries

Labor is increasingly militant after years of inaction, energized by star power from the actors’ and writers’ strikes

The Guardian - US

Starbucks Teams Up With K-Pop Sensation BLACKPINK For Exclusive Collaboration

Limited-time beverages and merchandise to be launched in Asia Pacific stores, following the success of McDonald's BTS partnership.

Zenger

City Council members to propose 2-year timeline for eliminating ‘sub-minimum’ wage

Despite the proposal, however, Ald. Ramirez-Rosa acknowledged negotiations with the restaurant industry continue and may result in an even longer phase-in period.

Chicago Sun-Times

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Zenger

Disney Extends CEO Iger’s Tenure Amid Analyst Skepticism

Stock remains neutral as uncertainty looms over succession and challenges facing the entertainment giant.

The Conversation

Mixue on the march: ice cream serves soft power for China in Southeast Asia

Mixue has dominated Southeast Asia’s ice cream and tea businesses for five years, having opened its first outlet in Vietnam in 2018. Based in China, where it operates 22,500 stores. Around 1,000 Mixue outlets now operate in several Southeast Asian countries including the Philippines, Thailand and Indonesia. In comparison, despite…

Chicago Sun-Times

Workers at Starbucks’ Michigan Avenue roastery file for union vote

The operation has more than 200 employees and the vote will determine if they can bargain a contract as an affiliate of the Service Employees International Union.

Chicago Tribune

Workers launch union effort at world’s largest Starbucks, downtown Chicago’s Michigan Avenue roastery

Workers at the Starbucks Reserve Roastery on Chicago's Michigan Avenue — the largest Starbucks in the world — are seeking union representation.

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GoodToKnow

These air fryer pain au chocolat are just as good as Starbucks - and almost £2 cheaper!

Ready for the most delicious air fryer pastry hack out there?

Fortune

Many CEOs don't know what their employees need. 'Engagement' surveys can make the problem even worse

CEOs and managers are increasingly out of touch with their workers, and employee surveys may be doing more harm than good.

Reason

Chuck Schumer Panics Over Logan Paul's New Energy Drink

The new energy drink has about as much caffeine as a large Starbucks coffee.

The Walrus

Letters to the Editor: June 2023

On safe churches, Ottawa’s transit fiasco, and remembered cowboys

Evening Standard

Best coffee machine deals for Amazon Prime Day 2023: Nespresso, De’Longhi and more

Time to wake up and smell the coffee

Reason

Court Says Prostitution Law Doesn't Violate First Amendment but Language Should Be Interpreted Narrowly

Plus: Democrats dismiss nonwhite moderates, Schumer wants investigation into energy drink, GOP prosecutors threaten Target over Pride merchandise, and more...

Bangkok Post

Starbucks wants 335 new stores by 2030

Starbucks Thailand set an ambitious plan to open 335 new stores from 2023-30.

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