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STARBUCKS CORP 8-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

STARBUCKS CORP

Filing date:

03/14/2025

TLDR:

Starbucks held its 2025 Annual Meeting of Shareholders, where directors were elected, executive compensation was approved on an advisory basis, the selection of Deloitte & Touche LLP was ratified, and several shareholder proposals were not approved.

ELI5:

Starbucks had its yearly meeting where shareholders voted on important issues like who should be on the board of directors and how much executives get paid. They also voted on whether to approve the company’s accounting firm. Some other ideas proposed by shareholders, like reporting on certain social and environmental issues, were not approved.

Accession #:

0000829224-25-000024

Published on

Analyst Summary

  • All nine directors nominated by the Company’s Board of Directors were elected to serve until the 2026 Annual Meeting.
  • Shareholders approved, on a nonbinding, advisory basis, the compensation paid to the Company’s named executive officers.
  • The selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 29, 2024, was ratified.
  • Shareholders did not approve a shareholder proposal requesting an annual report on discrimination risks related to charitable giving.
  • Shareholders did not approve a shareholder proposal regarding independent board chair requirements.
  • Shareholders did not approve a shareholder proposal requesting a report on human rights risks related to labor organizing.
  • Shareholders did not approve a shareholder proposal requesting disclosure on cage-free egg commitments in China and Japan.
  • Shareholders did not approve a shareholder proposal requesting an annual emissions congruency report.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️