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The Latest Breaking News from Starbucks

4 Starbucks Analysts On Q2 Earnings: Brewing China Concerns, Strong US Demand And More

Starbucks shares were rallying Wednesday after the coffee chain reported a second-quarter sales beat. The quarter was helped by strong growth and momentum in the North American segment. The big headwind facing the company is the impact of the China region, which analysts highlighted after the print.

Benzinga

Man fined for eating his McDonald's in Starbucks car park

He has said he will never go near the coffee giant again

Manchester Evening News

The simple shopping hack that could get you up to 50p off at Pret and Starbucks

The MSE's savvy hack involves simply purchasing or bringing in your own reusable cup.

Daily Record

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Stock Market Mostly Lower Ahead Of Fed Statement; 2 Stocks Plunge More Than 30%

Stock market indexes traded mostly lower ahead of the Federal Reserve's policy statement this afternoon, while earnings reports sparked some outsize moves.

Investors Business Daily

Benzinga's Top Ratings Upgrades, Downgrades For May 4, 2022

Upgrades

Benzinga

Driver fined £100 for eating his McDonald's in neighbouring Starbucks car park

He has vowed never to go near the multinational coffee shop again

Wales Online

What's Going On With Starbucks Shares Today?

Starbucks Corporation (NASDAQ: SBUX) shares are trading higher by 6.96% to $79.50 during Wednesday’s pre-market session. The company reported better-than-expected second-quarter sales during Tuesday’s after-hours session.

Benzinga

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‘Pure propaganda’: inside Starbucks’ anti-union tactics

In a state where labor culture isn’t strong, a Denver store’s union drive is notable. As soon as it was announced, high-ranking company figures began visiting

The Guardian - US

Starbucks says employees getting new benefits, but not at stores that are unionizing

On an investor call, Starbucks interim CEO Howard Schultz said the company was investing $1 billion to raise wages, enhance benefits and modernize stores. But unionized stores won't get some of that.

WEKU

ANZ half-year profit jumps; ASX loses ground after Wall Street makes modest gains

As the big four banks lift interest rates following the Reserve Bank's move, ANZ posts a rise in half year profit, the ASX loses early gains and investors await an expected rate increase from the US Federal Reserve.

ABC News

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

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

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news in one place.

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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.

Nottingham Post

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

The proposals must be approved by the council

Manchester Evening News

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

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WEKU

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.

Bristol Post

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

Benzinga

$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.

WEKU

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.

The Independent UK

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

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.

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