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Starbucks' same-store sales — or sales at locations open at least a year — fell 4% compared to the same period last year. The decline was less than the 5.5% analysts anticipated, according to ...
Starbucks shares ended 2024 down 5% compared to a 23% advance for the S&P 500 . McDonald's shares finished the year up slightly. A Starbucks coffee shop is seen in Yichang City, Hubei Province ...
In June 2023, Starbucks was ordered to pay $25 million in punitive damages and $600,000 compensatory damages to a former regional manager. The court found that Starbucks fired her in 2018 because she was white. [74] In October 2023, the operator of all of the Starbucks locations in Brazil, SouthRock Capital, declared itself bankrupt.
Starbucks ( NASDAQ:SBUX ) Full Year 2022 Results Key Financial Results Revenue: US$32.3b (up 11% from FY 2021). Net... Starbucks Full Year 2022 Earnings: EPS Beats Expectations
The longest Starbucks union strike lasted 64 days, beginning on July 11, 2022, and ending on September 15, 2022, at the 874 Commonwealth Avenue location in Brookline, Massachusetts, USA. This particular strike was sparked by a new policy that would require workers to adjust their schedules to meet a minimum availability of hours. [ 60 ]
Kevin R. Johnson (born October 9, 1960) is an American businessman and software engineer who was the president and chief executive officer (CEO) of Starbucks Coffee Company from 2017 to 2022. Succeeding Howard Schultz as CEO, Johnson previously was the company's president and chief operating officer from 2015 to 2017.
In regards to Q4, our Q4 consolidated revenue was $9.1 billion, down 3% from the prior year, driven by a 7% decline in comparable store sales, consisting of an 8% decrease in transactions and a 2% ...
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