Tuesday July 30, 2024, 19:31:54
By Mark Kalinowski
After today’s (Tuesday’s) market close, Starbucks reported fiscal Q3 (calendar Q2) adjusted EPS of $0.93, a little short of our $0.94 forecast and sell-side consensus (according to Consensus Metrix) of $0.94.
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Tuesday April 30, 2024, 20:43:36
By Mark Kalinowski
After today’s (Tuesday’s) market close, Starbucks reported fiscal Q2 (calendar Q1) EPS of $0.68, falling well short of our $0.79 forecast and sell-side consensus (according to Consensus Metrix) of $0.80.
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Monday April 1, 2024, 11:05:47
By Mark Kalinowski
The meaningfully increased minimum wage for most of California’s quick-service/fast-casual employees goes into effect today, April 1, 2024. Despite the date, this change is no joke to thousands of restaurant owner/operators. The new minimum wage is $20.00 per hour. This is noticeably above the previous – and not industry-specific — minimum wage of $15.50 per hour, although multiple local municipalities had been above this $15.50 per hour level:
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