NasdaqGS:SBUXHospitality
Starbucks Labor Complaint Adds Questions On Valuation And Earnings Risks
Starbucks Workers Union has filed a federal complaint alleging bad faith bargaining by Starbucks in U.S. labor talks.
The filing claims Starbucks reneged on earlier bargaining understandings and put forward proposals the union views as unacceptable.
Starbucks states that it is negotiating in good faith as the dispute draws attention to its labor practices in its largest market.
For investors watching NasdaqGS:SBUX, this complaint lands at a time when coffee chains are closely watched for...