financetom
Business
financetom
/
Business
/
Starbucks Strike Could Expand to 300 US Stores, Union Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Starbucks Strike Could Expand to 300 US Stores, Union Says
Dec 24, 2024 3:43 AM

06:25 AM EST, 12/24/2024 (MT Newswires) -- Starbucks ( SBUX ) faced a strike that could expand to more than 300 of its US stores on Tuesday, news outlets reported, citing a union representing more than 10,000 employees.

The planned five-day labor action began Friday in Los Angeles, Seattle, and Chicago but spread day by day to other cities, the New York Times reported.

The employees plan to return to work on Wednesday, the Times reported.

The union, Starbucks Workers United, said in an Instagram post that the strike came "in response to the company backtracking" on negotiations. "Starbucks ( SBUX ) has repeatedly pledged publicly that they intended to reach contracts by the end of the year - but they've yet to present workers with a serious economic proposal," the union said.

Starbucks ( SBUX ) and the union did not immediately reply to MT Newswires' requests for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sylogist Q3 revenue down 4.2%
Sylogist Q3 revenue down 4.2%
Nov 6, 2025
Overview * Sylogist ( SYZLF ) fiscal Q3 total revenue declines 4.2% yr/yr * SaaS subscription revenue grows 11.9% yr/yr, reflecting transformation to SaaS-driven enterprise * Adjusted EBITDA margin at 19.3%, net income negative Outlook * Company did not provide specific financial guidance for future quarters Result Drivers * PARTNER STRATEGY - 48% of ARR Bookings in Q3 were partner-driven,...
Lamar Advertising Q3 Adjusted FFO, Revenue Rise
Lamar Advertising Q3 Adjusted FFO, Revenue Rise
Nov 6, 2025
06:13 AM EST, 11/06/2025 (MT Newswires) -- Lamar Advertising ( LAMR ) reported Q3 adjusted funds from operations Thursday of $2.20 per diluted share, up from $2.15 a year earlier. Two analysts polled by FactSet expected $2.20. Revenue for the quarter ended Sept. 30 was $585.5 million, compared with $564.1 million a year earlier. Four analysts surveyed by FactSet expected...
Privia Health Q3 revenue up 32.5%, raises FY forecast
Privia Health Q3 revenue up 32.5%, raises FY forecast
Nov 6, 2025
Overview * Privia Health ( PRVA ) Q3 revenue grows 32.5% yr/yr but misses analyst expectations * Adjusted EBITDA for Q3 beats consensus * Company raises FY'25 guidance above high end for key metrics Outlook * Privia Health ( PRVA ) raises FY'25 revenue guidance to $2.05 bln-$2.1 bln * Company expects FY'25 adjusted EBITDA of $118 mln-$121 mln *...
Dorian LPG Q2 revenue beats estimates, declares dividend 
Dorian LPG Q2 revenue beats estimates, declares dividend 
Nov 6, 2025
Overview * Dorian LPG ( LPG ) fiscal Q2 revenue grows 50.5%, beating analyst expectations * Net income for fiscal Q2 rises to $55.4 mln, adjusted EBITDA at $85.7 mln * Company declares irregular cash dividend of $0.65 per share, totaling $27.8 mln Outlook * Company notes geopolitical factors continue to influence LPG market conditions * Dorian LPG ( LPG...
Copyright 2023-2026 - www.financetom.com All Rights Reserved