Starbucks’ $181 Million in Unused Gift Cards Spurs Labor Group Complaint [Yahoo! Finance News]
Texas Roadhouse, Inc. (TXRH)
Last texas roadhouse, inc. earnings: 2/20 04:03 pm
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Source: Yahoo! Finance News
(Bloomberg) -- A group of unions filed a complaint against Starbucks Corp. with the US Securities and Exchange Commission, asking the agency to investigate how the coffee chain accounts for unused money left on customers’ stored-value cards and accounts.Most Read from BloombergStarbucks claimed $181 million in revenue from money that wasn’t spent on gift cards and loyalty accounts in fiscal 2021, an uptick from about $145 million the previous year. While that’s just a small percentage of profit and revenue, the proportion of income coming from unused company credit has grown in recent years, according to the complaint that was filed Wednesday by the Strategic Organizing Center.The group, known as the SOC, is made up of unions including the parent of Workers United, which is driving a unionization campaign at Starbucks’s US locations. Hundreds of stores have voted in favor of forming unions, although the pace of unionization petitions has slowed in recent months.The SOC argues that Sta
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News
- Texas Roadhouse (TXRH) Reports Next Week: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
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- Texas Roadhouse, Inc. (NASDAQ: TXRH) had its price target raised by analysts at Citigroup Inc. from $162.00 to $178.00. They now have a "buy" rating on the stock.MarketBeat
- Why Investors Need to Take Advantage of These 2 Retail-Wholesale Stocks Now [Yahoo! Finance]Yahoo! Finance
- Darden Restaurants: Staying On The Sidelines Until More Positive SSS Performance [Seeking Alpha]Seeking Alpha
TXRH
Earnings
- 2/15/24 - Beat
TXRH
Sec Filings
- 4/12/24 - Form PX14A6G
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- TXRH's page on the SEC website