Starbucks

Top gainers midday: Twilio, Starbucks, Nikola, Moderna and more

Top gainers midday: Twilio, Starbucks, Nikola, Moderna and more

A cup of Starbucks coffee is on the table in the cafe. Joel Bo | Reuters Check out the companies making headlines in midday trading. Starbucks — Shares of the coffee chain rose 6% on Tuesday after it raised its long-term financial forecast and said it expects double-digit growth in revenue and earnings per share …

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Starbucks expects profit growth from tech, store and employee spending

Starbucks expects profit growth from tech, store and employee spending

Sign up now for free unlimited access to Reuters.com register SEATTLE, Sept 13 (Reuters) – Starbucks Corp (SBUX.O) expects earnings per share to grow 15% to 20% over the next three years, a sharp increase from its previous forecast based on a spending plan of $250 million to $3 billion. Tech, new stores and renovations …

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Starbucks to remodel stores to speed up service, boost morale

Starbucks to remodel stores to speed up service, boost morale

Starbucks __ record sales but low employee morale __ plans to spend $450 million next year to improve the efficiency and complexity of its North American stores. The company also said it plans to open 2,000 new stores in the U.S. by 2025, with a focus on meeting growing demand for new services, including drive-thru, …

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Starbucks executives, directors sued over diversity policy

Starbucks executives, directors sued over diversity policy

FILE PHOTO: A Starbucks coffee shop is seen in downtown Los Angeles, California, U.S., June 29, 2022. REUTERS/Lucy Nicholson Sign up now for free and unlimited access to Reuters.com register Aug 31 (Reuters) – Executives and directors of Starbucks Corp (SBUX.O) have been sued by a conservative think tank that argues the coffee chain’s efforts …

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Starbucks notifies workers at two stores to close, union claims retaliation

Starbucks notifies workers at two stores to close, union claims retaliation

Activists hold a United Nations Birthday Party and Picketing for Starbucks CEO Howard Schultz on July 19, 2022, in New York City. Activists gathered near Schultz’s West Village home on his 75th birthday to protest the treatment of Starbucks employees trying to unionize, and Schultz’s recent announcement to permanently close 16 stores. Michael M. Santiago …

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Starbucks notifies workers at two stores to close, union claims retaliation

Starbucks notifies workers at two stores to close, union claims retaliation

Activists hold a United Nations Birthday Party and Picketing for Starbucks CEO Howard Schultz in New York City on July 19, 2022. Activists gathered near Schultz’s West Village home on his 75th birthday to protest the treatment of Starbucks employees trying to unionize, and Schultz’s recent announcement to permanently close 16 locations. Michael M. Santiago …

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