Starbucks

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The 7 top things that an AI found about Starbucks Stock and you do not know…

This document will help you to evaluate Starbucks without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Starbucks are: Starbucks, store, strike, Red, Cup, Day, Workers, and the …

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Stock Summary

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground.

Today's Summary

Unionized Starbucks employees stage flash strike on Red Cup Day, an annual Starbucks promotional event just before the start of the Christmas shopping season, when the coffee store chain gives away reusable red cups. Starbucks downplayed any potential impact of the strike Wednesday, saying it would occur at a small subset of the 9,600 company-owned stores. Starbucks workers will strike at stores across the US on 16 November, the companys promotional Red Cup Day. Thousands expected to participate, including actions at non-unionized stores, in latest attempt to pressure company to bargain. Starbucks has previously run afoul of New York City labor laws.

Today's News

Workers at five New Jersey Starbucks stores have voted to unionize. The one-day walkout will fall during Red Cup Day, a day in which the company hands out thousands of free reusable cups for the holiday season. Starbucks said in a statement that it was aware of the walkout. Starbucks workers and labor activists across the nation staged walkouts at more than 200 stores nationwide on the companies heavily-marketed Red Cup Day. Starbucks has been cited by the National Labor Relations Board, or NLRB, of engaging so-called union busting tactics to keep from from from organizing. Workers United union chose Starbucks annual Red Cup Day to stage the walkout. Starbucks calls on Workers United to bargain for contracts at stores they represent. NLRB cites Starbucks for 111 complaints related to 380 unfair labor practice charges. Starbucks workers in Colorado joined a nationwide strike Thursday to demand the coffee giant improve conditions for its employees. The strike centers around the companys alleged refusal to bargain with baristas over staffing, scheduling and other issues, in particular, around promotional days. This is the second year in a row Starbucks employees have gone on strike. At least 363 company-operated Starbucks stores in 41 states have voted to unionize since late 2021. Starbucks downplayed any potential impact of the strike Wednesday, saying it would occur at a “small subset” of the 9,600 company-owned U.S. stores. Relations between Starbucks and Workers United have grown increasingly tense. Unionized Starbucks employees stage flash strike on Red Cup Day Unionized baristas stage flash strikes on Thursday in protest over staff shortages and other workplace issues. Starbucks workers have organized the largest strike in the company history on a typically high-traffic day for its locations. Unionized workers at multiple Starbucks locations nationwide walked out in protest on Red Cup Day, a promotion where customers can purchase reusable red holiday cups that give them discounts on future uses and other benefits. Starbucks Workers United, the group thats behind the unionizing effort, called for a walkout during the coffee giants Red Cup Day event. Workers United told FOX Business that it expects upward of 5,000 employees from 200 stores to take part in the strike. The group claims it is the largest Starbucks strike in history. The strike is taking place on Red Cup Day, an annual Starbucks promotional event just before the start of the Christmas shopping season, when the coffee store chain gives away reusable red cups. The union is referring to the action as the ‘Red Cup Rebellion’ No unionized Starbucks store in the country has received a contract. Oleato is a new line of cold-pressed, extra virgin olive oil-infused arabica coffee beverages. The beverages will include an Oleato Caffè Latte, Oleato Iced Shaken Espresso and Oleato Golden Foam Cold Brew. Starbucks will roll out Oleato in Japan, the Middle East and the United Kingdom. Starbucks is closing 7 San Francisco stores, as it expands delivery and new store formats. Starbucks CEO moonlighted as a barista. Starbucks has announced pay increases for baristas and is upgrading its kitchens to streamline beverage preparation. The new benefits for employees include pay raises, earlier vacation accrual, and more flexible scheduling. The announcement was a flashpoint in an ongoing dispute between Starbucks and the NLRB. Double the number of stores are expected to shut down this year. More than 220 events hosted by allies are scheduled to be held across the country. Starbucks has since appealed that ruling. Unionized Starbucks workers in the St. Louis area joined others nationally for a one-day strike during Red Cup Day. Starbucks Workers United organized the national protests, and said more than 200 stores participated. The company said in a statement attributed to spokesman Andrew Trull that fewer than 100 stores joined.

Stock Profile

"Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; 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. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. Starbucks Corporation has company-operated and licensed stores in North America and internationally. The company was founded in 1971 and is based in Seattle, Washington."

Keywords

Are looking for the most relevant information about Starbucks? Investor spend a lot of time searching for information to make investment decisions in Starbucks. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Starbucks are: Starbucks, store, strike, Red, Cup, Day, Workers, and the most common words in the summary are: starbucks, worker, day, cup, store, red, news, . One of the sentences in the summary was: Starbucks downplayed any potential impact of the strike Wednesday, saying it would occur at a small subset of the 9,600 company-owned stores. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #starbucks #worker #day #cup #store #red #news.