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Stockreport

Starbucks challenged by labor-friendly activist investors [Yahoo! Finance]

Starbucks Corporation (SBUX)  More Company Research Source: Yahoo! Finance
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Starbucks is facing renewed pressure from investors after the company dissolved the board committee responsible for overseeing labor relations. The Environmental, Partner and Community Impact Committee was formed while the chain undertook a labor rights audit in 2023 after a shareholder vote . Pro-union investors say its dissolution shows the company may be backsliding on workers rights. A group of activist investors, including the Strategic Organizing Center Investment Group, a fund affiliated with several major labor unions, are asking Starbucks shareholders to vote against re-electing two board members. Jørgen Vig Knudstorp, independent lead director, and Beth Ford, chair of the nominating and corporate governance committee, are under fire for dismantling the EPCI committee, said Tejal Patel, the executive director of the SOC Investment Group. Ford chaired the committee at its end, and Knudstorp is responsible for ensuring independent oversight of board activities. “We feel as [Read more]
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Stockreport

Starbucks challenged by labor-friendly activist investors [Yahoo! Finance]

Starbucks Corporation  (SBUX) 
More Company Research Source: Yahoo! Finance
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Starbucks is facing renewed pressure from investors after the company dissolved the board committee responsible for overseeing labor relations. The Environmental, Partner and Community Impact Committee was formed while the chain undertook a labor rights audit in 2023 after a shareholder vote . Pro-union investors say its dissolution shows the company may be backsliding on workers rights. A group of activist investors, including the Strategic Organizing Center Investment Group, a fund affiliated with several major labor unions, are asking Starbucks shareholders to vote against re-electing two board members. Jørgen Vig Knudstorp, independent lead director, and Beth Ford, chair of the nominating and corporate governance committee, are under fire for dismantling the EPCI committee, said Tejal Patel, the executive director of the SOC Investment Group. Ford chaired the committee at its end, and Knudstorp is responsible for ensuring independent oversight of board activities. “We feel as [Read more]
IMPACT SNAPSHOT
EVENT TIME:
SBUX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS