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Top 3 starbucks corporation News Today

#1
Starbucks exec was fired 'because she raised concerns about MAGGOTS'
#1 out of 3
business24m ago

Starbucks exec was fired 'because she raised concerns about MAGGOTS'

  • Waszak alleges she was fired after reporting maggots found in Starbucks milk equipment during Siren System testing.
  • The lawsuit alleges termination was tied to sex discrimination and interpersonal behavior concerns for which male employees were not discharged.
  • Starbucks says the claims are meritless and that Waszak was separated after an investigation into workplace conduct violations.
  • Waszak had progressed to vice president and oversaw Siren System testing before her termination in 2023.
  • The Siren System rollout allegedly contributed to safety concerns and a later fire due to a manufacturing defect.
  • The lawsuit seeks damages including lost wages and attorney’s fees.
  • Starbucks’ leadership reportedly sought to curtail Siren System deployment under CEO Brian Niccol.
  • Waszak described health and safety risks she reported but claimants say leadership ignored them.
  • The Daily Mail piece includes extensive background on Waszak’s career at Starbucks and the Siren System’s aims.
  • Starbucks declined to comment further beyond reiterating safety commitments and policy adherence.
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#2
Stephanie Link is buying shares of this turnaround story. The comeback could become clear this week
#2 out of 31.7K est. views
business1d ago

Stephanie Link is buying shares of this turnaround story. The comeback could become clear this week

  • Stephanie Link endorses Starbucks as a turnaround play, citing early signs of progress under Niccol.
  • North America same-store sales were flat in the latest quarter, signaling stabilization after declines.
  • International growth showed resilience with 3% growth and China up 2%, supporting the turnaround narrative.
  • Profitability could rise to mid-teens margins from about 9%, according to Deutsche Bank's projections cited in the piece.
  • Link sees earnings power potentially reaching $3.50 to $4, with a stock multiple around 24 times earnings upon earnings uplift.
  • Analysts may re-rate the stock as expectations catch up with Link's view, potentially expanding the multiple.
  • The article notes Wall Street remains largely skeptical, providing a potential entry point for investors.
  • Niccol is expected to outline a detailed growth plan at an investor day following quarterly results.
  • The Green Apron Service is highlighted as a key initiative to speed up delivery and overall service times.
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#3
Here's a look at 4 portfolio stock earnings and our takeaways on each
#3 out of 3
business20h ago

Here's a look at 4 portfolio stock earnings and our takeaways on each

  • GE Vernova posted Q4 revenue of $10.95B, beating consensus despite a weaker Wind segment.
  • Backlog for gas power equipment rose to 83 GW, lifting the long-term outlook.
  • CNBC notes management raised 2026 and 2028 outlooks versus prior guidance.
  • Starbucks exceeded expectations on comp growth, led by US performance.
  • Corning benefited from a Meta data center deal but core results were mixed.
  • Danaher beat across the board with attention on its 2026 outlook.
  • CNBC Investing Club information carries disclaimers about trade rules.
  • The article emphasizes that the overall earnings flash focuses on four portfolio holdings.
  • Meta’s data center demand contributed to Corning’s positive tone.
  • The piece notes that margins may follow top-line improvements for Starbucks.
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