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Starbucks (SBUX) stock held steady at $86.88 with a modest 0.21% increase, even as a major strike expanded nationwide.

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Starbucks Corporation, SBUX 

The company maintained most operations during the busiest shopping period, highlighting strong market resilience. However, ongoing union action threatens operational stability as the holiday season progresses.

Starbucks continued trading positively, suggesting strong investor confidence in its business fundamentals. The prolonged work stoppage remains active across multiple US cities, marking the largest strike in company history. Stores largely stayed open, limiting disruption during crucial sales days.

The strike began on November 13, coinciding with the company’s Red Cup Day, and has since grown significantly. Union leaders extended the action across more than 120 locations and 85 cities to apply pressure for improved pay and staffing. Although Starbucks reported minimal operational impact, worker participation increased daily.

Strike Expansion Across Key Locations

Union workers intensified the strike, making it both the longest and most widespread labor action at Starbucks. Approximately 2,500 baristas from more than 120 stores participated, calling for higher wages and better scheduling. 92% of union members reportedly supported the walkout.

The strike aligned strategically with Black Friday, targeting peak customer traffic to maximize visibility. The timing reflects a pattern of holiday action, following similar protests held during previous seasonal promotions. However, Starbucks confirmed that 99% of US locations remained open during the activity.

Contract negotiations stalled earlier this year after mediation attempts failed to generate consensus. Talks have not resumed since April, and workers continue pushing for wage increases beyond the company’s last proposal. As the strike progresses, union representatives expect extended action if discussions remain inactive.

Business Performance and Holiday Operations

Starbucks indicated that Red Cup Day delivered strong results despite widespread protests. The company emphasized its ability to maintain customer service across nearly all company-operated and licensed locations. Operational continuity during a high-pressure period demonstrated strong structural resilience.

Starbucks recently reported sales declines for six consecutive financial quarters, raising questions about long-term growth prospects. The strike adds pressure during an already challenging performance phase. Yet the stock price movement suggests markets view the disruption as manageable.

Although the company denied union allegations of labor violations, worker groups remain firm on demands. They continue seeking higher pay, enhanced staffing, and resolution of pending complaints. As both parties maintain opposing positions, the dispute is likely to persist without renewed engagement.

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