Starbucks' new CEO lays out improvement plan | CNN Business

During his first earnings call as the new Starbucks CEO, Laxman Narasimhan praised the company for its financial performance. He outlined how he thinks stores can better meet demand. He didn’t mention the unionizaton drive sweeping through stores, however. “Our performance is strong, but our health could be stronger,” he said during a Tuesday analyst call.

. It’s a relatively small number compared to the roughly 9,300 company-operated Starbucks stores in the United States. But Starbucks is putting up a vicious fight. administrative law judge Michael Rosas recently said that Starbucks had displayed “egregious and widespread misconduct” in its dealings with employees involved in efforts to unionize Buffalo, New York, stores, including the first location to unionize. Starbucks said in a statement at the time of Rosas’ order that it is “considering all options to obtain further legal review,” adding that “we believe the decision and the remedies ordered are inappropriate given the record in this matter.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Starbucks earnings beat as China reverses same-store sales declinesStarbucks reported earnings after the bell. Here are the results.
Source: CNBC - 🏆 12. / 72 Read more »

U.S. demand, surprise China rebound lift Starbucks earningsStarbucks reported quarterly results that beat expectations. $SBUX reported net income of $908.3 million, or 79 cents a share, compared with $674.5 million, or 58 cents a share, in the same quarter last year:
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »