How top workplaces drive employees into the office [USA TODAY]
Sprout Social, Inc - Class A (SPT)
Last sprout social, inc - class a earnings: 2/26 04:10 pm
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Source: USA TODAY
Workplaces nationwide are embracing the shift towards hybrid work and leveraging food and beverage programs to entice employees into the office. Visiting the office can come at a cost. Employees can spend anywhere from $305-$891 per month on food and beverages throughout the work week. However, grabbing meals and snacks at home no longer presents as much savings as it once did. The USDA reported that Americans spend 11% of their disposable income on food, the highest in 30 years. The grocery cart of 2021 costs 20% more today, with categories like snacks, non-carbonated drinks, produce, meat and poultry driving 30% of grocery inflation. Leading companies are using this as an opportunity to enhance their workplaces with food and beverage offerings. They both alleviate employees of these costs while fueling employee talent acquisition and retention strategies. "The office is no longer simply a place to work — it's a destination, an experience, and a strategic tool in the game of
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News
- Sprout Social, Inc. (NASDAQ: SPT) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $70.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
- Investigation Into Sprout Social, Inc. (SPT) Announced by Holzer & Holzer, LLCGlobeNewswire
- Sprout Social, Inc. (NASDAQ: SPT) had its price target lowered by analysts at Morgan Stanley from $65.00 to $49.00. They now have an "equal weight" rating on the stock.MarketBeat
- Why Sprout Social (SPT) Shares Are Trading Lower Today [Yahoo! Finance]Yahoo! Finance
- Sprout Social, Inc. (NASDAQ: SPT) had its "market perform" rating re-affirmed by analysts at William Blair.MarketBeat
SPT
Earnings
- 5/2/24 - Beat
SPT
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/15/24 - Form 8-K
- SPT's page on the SEC website