Amelia Lucas
CNBC
New York, NY, United States
Contact Amelia
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Recent articles by Amelia:
Carl Icahn loses proxy fight with McDonald's over animal welfare
Activist investor Carl Icahn lost his proxy fight with McDonald's on Thursday, signaling that shareholders weren't swayed by his animal-welfare concerns. → Read More
McDonald's shareholders to vote on proxy fight with Carl Icahn over animal welfare practices
McDonald's shareholders meeting on Thursday morning will mark the climax of a proxy fight waged by activist investor Carl Icahn. → Read More
Starbucks will exit Russia after 15 years, closing 130 licensed cafes
The coffee chain has 130 locations in the country, which account for less than 1% of its annual revenue. → Read More
McDonald's to sell Russian business to existing Siberian licensee
McDonald's said Thursday it has struck a deal to sell its Russian business to its current licensee in the market, Alexander Govor. → Read More
Here's what Walmart, Target, Home Depot and Lowe's tell us about the state of the American consumer
Four major retailers — Walmart, Target, Home Depot and Lowe's — reported quarterly financial results this week. → Read More
Home Depot is about to report earnings. Here's what to expect
Shares of the company have fallen 7% over the last year, dragging its market value down to $306 billion. → Read More
Starbucks to cover employees' travel expenses for abortions, gender-affirming surgeries
Starbucks said it will start covering eligible travel expenses for employees seeking abortions or gender-affirming procedures. → Read More
The plant-based food industry is facing a reset as Beyond Meat and Oatly shares suffer
Shares of Beyond Meat and Oatly have shed more than half their value this year. → Read More
Beyond Meat shares tumble after company reports widening loss, disappointing revenue
Beyond Meat reported a wider-than-expected loss for its first quarter as it offered steeper discounts and cheaper prices to international consumers. → Read More
Employees everywhere are organizing. Here's why it's happening now
Employees from companies ranging from airlines to retail and tech are unionizing more than ever before. → Read More
Starbucks criticizes Biden's visit with union leaders, requests White House meeting
Starbucks is asking the White House for a meeting after President Joe Biden met with an organizer who is helping its coffee shops unionize. → Read More
Sweetgreen losses widen despite 67% jump in quarterly sales
Sweetgreen sales jumped 67%, fueled by more customer transactions and menu price hikes. → Read More
Yum Brands earnings miss estimates as China weighs on KFC, Pizza Hut sales
Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as sales at KFC and Pizza Hut disappointed. → Read More
Starbucks to hike wages, double training for workers as CEO Schultz tries to head off union push
Starbucks said it will hike wages for tenured workers and double training for new employees as it seeks to beat back the union push from its baristas. → Read More
Starbucks revenue tops estimates as U.S. sales growth offsets declines in China
It's Howard Schultz's first earnings report since taking back the top job at Starbucks in early April. → Read More
Tim Hortons' comeback takes hold as coffee chain forecasts another year of Canadian same-store sales growth
Tim Hortons is anticipating Canadian same-store sales growth in the mid-to-high single digits in 2022 as its turnaround takes hold in its home market. → Read More
Burger King parent earnings beat estimates as revenue climbs 15%
Restaurant Brands International reported results that beat expectations, fueled by strong same-store sales growth from Burger King's overseas restaurants. → Read More
McDonald's is about to report earnings. Here's what to expect
McDonald's and its franchisees have been raising prices in the U.S. as oil and other commodity costs soar. → Read More
Chipotle Mexican Grill is about to report earnings. Here's what to expect
Over the last week, Chipotle shares have fallen 11% giving the company a market value of $40.4 billion. → Read More
PepsiCo earnings beat estimates despite higher costs, company raises revenue forecast
PepsiCo on Tuesday reported quarterly earnings and revenue that topped analyst expectations as consumers paid more for their Doritos, Quaker oatmeal and Gatorade. On the heels of its strong performance, the company raised its full-year forecast for organic revenue growth. Shares of the company were flat in premarket trading. Here's what the company reported compared with what Wall Street was… → Read More