Starbucks Value Stock - Dividend - Research Selection
Starbucks
ISIN: US8552441094 , WKN: 884437
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Description of the company
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, and food and snacks; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle\'s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, premium Tazo, and Starbucks VIA brand names. As of November 2, 2017, the company operated 27,339 stores across 75 countries. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.
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NEWS
UPDATE 1-Starbucks CEO Schultz may be ordered to testify at US Senate labor hearing
2023-03-03
U.S. Senator Bernie Sanders on Thursday refused to back down on calls to make Starbucks Corp interim Chief Executive Officer Howard Schultz, who is stepping down this month, testify at a hearing on the company's compliance with labor law. Starbucks reiterated on Thursday it has no plans to send Schultz to a U.S. Senate committee hearing set for March 9. In response, Sanders, chairman of the Senate Health, Education, Labor and Pensions Committee's chairman, said he was "shocked and deeply concerned that Howard Schultz would continue to defy a request made by a majority of members on the Senate HELP Committee."
Starbucks refuses to send interim CEO Schultz to testify at Senate hearing
2023-03-02
Starbucks Corp said on Thursday it has no plans to send interim Chief Executive Officer Howard Schultz to testify at a Senate hearing on the company's compliance with federal labor law.
Starbucks CEO Schultz may be ordered to testify at US Senate labor hearing
2023-03-02
WASHINGTON (Reuters) -U.S. Senator Bernie Sanders on Thursday refused to back down on calls to make Starbucks Corp interim Chief Executive Officer Howard Schultz, who is stepping down this month, testify at a hearing on the company's compliance with labor law. Starbucks reiterated on Thursday it has no plans to send Schultz to a U.S. Senate committee hearing set for March 9. In response, Sanders, chairman of the Senate Health, Education, Labor and Pensions Committee's chairman, said he was "shocked and deeply concerned that Howard Schultz would continue to defy a request made by a majority of members on the Senate HELP Committee."
Judge says Starbucks committed ‘egregious and widespread’ labor violations fighting unions
2023-03-02
An administrative judge for the NLRB issued a ruling that found Starbucks committed "egregious and widespread misconduct" in violation of labor laws amid a unionization push.
Starbucks to Webcast 2023 Annual Meeting of Shareholders
2023-03-02
SEATTLE, March 02, 2023--Starbucks Corporation (NASDAQ: SBUX) will hold its Annual Meeting of Shareholders (Annual Meeting) on Thursday, March 23, 2023, at 10:00 a.m. Pacific Time. The meeting, which will be held in a virtual format, can be accessed on the company’s website at investor.starbucks.com.
Starbucks Gets Slapped for 'Egregious Misconduct'
2023-03-02
A judge says the coffee-making giant displayed 'egregious and widespread misconduct' in its dealings with employees looking to unionize stores in Buffalo, NY.
Starbucks’ union-busting tactics are facing the heat
2023-03-02
Starbucks can’t get away with union-busting.
Starbucks CEO Howard Schultz may have to promise on camera to stop violating labor law as part of a U.S. judge’s order
2023-03-02
NLRB Judge Michael Rosas said that the U.S. coffee company engaged in "egregious and widespread misconduct" in trying to stop its first unions.
Starbucks HQ workers challenge rushed return-to-office rollout
2023-03-02
A letter to Starbucks leaders paints a picture of a rushed return to in-office work, in which the Sodo headquarters did not have enough desks, monitors or conference rooms.
Labor judge: Starbucks violated worker rights in union fight
2023-03-02
A federal labor judge has ordered Starbucks to reinstate seven fired workers, reopen a shuttered location and stop infringing on workers’ rights after finding that the company violated labor laws “hundreds of times” during a unionization campaign in Buffalo, New York. The decision issued late Wednesday by Administrative Law Judge Michael Rosas of the National Labor Relations Board requires Starbucks to post a 13-page notice listing its labor violations and workers’ rights in all U.S. stores. The order also requires Starbucks’ interim CEO Howard Schultz to read or be present at a reading of employees’ rights and distribute a recording of the reading to all of Starbucks’ U.S. employees.