#starbuck

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    Starbucks Full Year 2024 Earnings Report.

    Starbucks (NASDAQ: SBUX) released its full-year 2024 financial results, showing a mix of steady revenue but declining profitability. Here’s a detailed look at the numbers and the company’s outlook. Key Financial Highlights: Revenue: $36.2 billion, remaining flat compared to FY 2023, in line...
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    STARBUCKS NORTH AMERICA CEO MICHAEL CONWAY RESIGNS AFTER SIX MONTHS AMID STRATEGIC SHIFTS

    Michael Conway, who assumed the role of Starbucks' North America CEO in April 2024, has unexpectedly resigned after just six months in the position. His departure comes amid broader strategic efforts at Starbucks to streamline leadership and enhance operational efficiency. Resignation Details...
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    INVESTOR LAWSUIT AGAINST STARBUCKS

    A federal securities class action lawsuit has been initiated against Starbucks, alleging that the company misled investors with false statements about its Reinvention strategy. The lawsuit, filed in the U.S. District Court Western District of Washington, targets investors who bought Starbucks...
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    Starbucks Faces Third Lawsuit Alleging Theft of Coffee-Flavored Lipstick Concept

    Starbucks is once again facing legal action from Balmuccino, a Los Angeles-based company, which has filed its third lawsuit against the coffee giant, accusing it of stealing its concept for coffee-flavored lipstick and lip gloss. Balmuccino, whose leadership includes a sister-in-law of TV...
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