Brian Harbour, Equity Analyst at Morgan Stanley, provided his expert insights on the recently released earnings reports from McDonald’s and Starbucks. Harbour highlighted key financial metrics, performance indicators, and market trends that investors should consider.
Starbucks is kicking off the summer season with an array of new and returning beverages that are sure to satisfy your thirst. Two popular Refresha drinks are making a comeback, including the Mango Dragonfruit and the Very Berry Hibiscus, which have been highly anticipated since their discontinuation in the US. A new Dragon Coconut Refresha flavor has also been introduced, offering a tropical twist with a blend of mango, dragon fruit, and coconut. For dessert lovers, Starbucks has created a Crème Brulee Inspired Cream Cold Foam that can be paired with various coffee-based beverages, adding a decadent touch of sweetness. These enticing new menu additions are available from April 25th for Rewards members and from May 2nd for everyone else.
Starbucks Chief Partner Officer, Sara Kelly, recently sold 250 shares of the company’s stock, raising questions about insider trading practices. Despite this, Starbucks stock remains popular, and investors closely monitor executive transactions for clues about its future performance. Starbucks holds a strong global presence in the coffee industry, a substantial market capitalization, and a history of rewarding shareholders.
The justices heard arguments in Starbucks’ appeal against a lower court’s ruling, which favored the U.S. National Labor Relations Board (NLRB) ordering the reinstatement of the terminated employees. The case revolves around the legal standard for issuing a preliminary injunction under the National Labor Relations Act. Starbucks argues for a stringent evaluation, contrasting with the NLRB’s stance. Some justices appeared to agree that courts, not the NLRB, should have the primary role in determining the likelihood of success in a case before issuing an injunction.
Starbucks is refreshing its menu with a range of flavorful beverages for the summer season. The highlight is the return of the beloved Very Berry Hibiscus Refresha, a refreshing fruit juice drink with real blueberry pieces, which disappeared from US menus in 2021. This fan-favorite will make its debut in UK stores tomorrow, much to the delight of Starbucks enthusiasts. To elevate the coffee experience, a new Crème Brûlée Cold Foam joins the menu, inspired by the classic dessert. This delectable topping can be added to any cold drink, complementing options like cold brew, iced brown sugar oat shaken espresso, and brown sugar Frappuccino. Starbucks also welcomes back the Mango & Dragonfruit Refresha with a new twist featuring coconut. The limited-time availability of these drinks typically lasts for approximately eight weeks, but demand may influence their duration. Prices vary by location and size.
For loyalty members of the Starbucks Rewards scheme, exclusive access to these new offerings is available from tomorrow. Non-members can indulge from May 2nd, with delivery options via Deliveroo, Uber Eats, and Just Eat (delivery charges apply). Joining the rewards program grants additional perks like free shots, dairy alternatives, and a birthday freebie.
Starbucks is not alone in introducing summer menu changes. Wetherspoons will add 10 new dishes from May 1st, including a Wagamama-inspired option. McDonald’s has also expanded its menu with seven new items, including a novel Biscoff-flavored frappe.
Coffee fans eager to sample Starbucks’ latest creations can anticipate a taste of summer in every sip.
Despite recent economic headwinds in China, there are signs of recovery, presenting investment opportunities for companies with exposure to the region. Here are three underperforming U.S. stocks that could benefit greatly from China’s economic rebound: Starbucks (SBUX), Apple (AAPL), and LVMH (LVMUY). Each company has a strong presence in China and stands to gain from increased consumer demand and economic growth.
Starbucks is challenging the National Labor Relations Board’s authority to seek court orders requiring companies to rehire fired union organizers. The Supreme Court will hear arguments in the case on Tuesday. If Starbucks prevails, it could make it more difficult for the NLRB to intervene in cases of alleged corporate interference in unionization efforts. Despite the ongoing legal battle, tensions between Starbucks and Workers United, the union organizing its workers, have eased. The two sides are scheduled to meet for bargaining sessions this week.
The Supreme Court will hear a case brought by Starbucks Corporation challenging the National Labor Relations Board’s (NLRB) authority to obtain temporary injunctions to reinstate fired union organizers. The outcome of the case could have significant implications for the ability of labor unions to organize workers and enforce their rights under federal law.
In a case before the Supreme Court, Starbucks is seeking to limit the authority of the National Labor Relations Board (NLRB) in cases involving alleged employer interference in unionization efforts. The case stems from the firing of seven workers in a Tennessee Starbucks store who were attempting to organize a union. The NLRB intervened and obtained a court order requiring Starbucks to rehire the workers. Starbucks argues that the current standard for granting temporary injunctions against companies in such cases is inconsistent across federal appeals courts and can impose an undue burden on businesses. The NLRB maintains that existing standards provide appropriate scrutiny of its requests, emphasizing the rarity of its use of temporary injunctions.
In a pivotal case before the Supreme Court, Starbucks is challenging the National Labor Relations Board’s (NLRB) authority to issue temporary injunctions against companies accused of interfering with unionization efforts. The case stems from the firing of seven Starbucks employees in Memphis, Tennessee, who were leading a unionization effort. The NLRB determined that the firings constituted an illegal interference with workers’ right to organize and requested a temporary injunction requiring Starbucks to rehire the workers. The Sixth Circuit Court of Appeals upheld the ruling, but Starbucks appealed to the Supreme Court, arguing that federal appeals courts don’t agree on the standards the NLRB must meet when requesting temporary injunctions.
