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Starbucks reports no impact from the recent surge of inflation

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Today's closing share price of $87.27 is a round trip back to March 26, the day it was announced that Howard Schultz was returning to Starbucks. On the day the news broke of Shultz's return, the stock gapped up 5.2% to close at $87.41. T hrough April 4, t he stock continued to rise a total of 10% to $91.49 when Shultz announced the suspension of the share repurchase plan. Shares gapped down 3.7% to $88.09 on that news and continued to decline reaching a 52 week low of $68.39 on May 12. Shares have made a steady recovery from the May 12 low that is in line with the turn in the S&P 500. Yesterday's positive earnings call showed that inflation has not slowed customer demand and the impact of union organizing is negligible. If you are a Starbucks partner using the Employee Stock Purchase Plan you bought your most recent shares on June 30 at $72.57. That price is 6.1% off the 52 week low set on May 12 and at today's close is a gain of  14.7%. Nice trade!

The "benefits" of being the OG at Starbucks

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As I engage with the short form Twitter world on issues relating to the unionization effort at Starbucks, my position on the issue, as well as my position at Starbucks, is often distorted and exaggerated by the pro-union crowd. I am a part-timer in a green apron, passing out drinks, making friends and having a fun social time away from my solitary home-based day job. I get very flexible scheduling allowing me to do my 9:30-4:00 work from home, have excellent benefits, and enjoy my free or discounted coffee. I'm there for the depth of benefits available to all Starbucks part-timers that we can't get anywhere else. In 2018 I had a Cadillac health plan through my wife's Teamster's Union job that cost us nothing out of pocket. When that marriage began winding down I had to find my own insurance. When considering my options for health insurance, I looked into various full and part time positions as well as buying insurance directly. As Starbucks was known for having excellen

June 13

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It's hard to believe and somewhat disappointing that it has been more than 6 months since I hit my year low of 169. The good news is that after a few weeks of a diet and exercise reset I am feeling much better and my waist size has shrunk a comfortable amount. Under 175 as of Monday, I'm pushing a little harder on the bike to get the 169 mark as soon as possible. 

Summertime Goal Reset

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     It's been so long since I've weighed myself or posted a weight update I somewhat forgot why I started this blog. I lost 20 pounds in 105 days leading up to the Thanksgiving holiday last year. I decided to take a break between the holidays from the healthy meal plans I was on. As it turns out that ended up being between the holidays of Thanksgiving and Memorial Day. In that time I added back 10 pounds of what I lost. I've been maintaining my weight in the upper 170's and I can feel the sluggish difference.       With yesterday's unofficial start of summer I decided this is a good time to reset the calendar and apply myself between the holidays of Memorial Day and Labor Day. When I lost the 20 last year it was mostly through careful, healthy dieting and mild to moderate exercise. This summer I'll do the diet again but up the exercise intensity. I rejoined Planet Fitness after staying away during the pandemic. I'm setting the target for my original goal of

This is what Starbucks means by "Customer Connections"

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I've been at Starbucks for 3 1/2 years. I didn't think I would do it for nearly this long. After the twists, turns, and travels of my life, however, I have stumbled into something that for 20 years I used to only joke about as my next career. I get so much out of it personally that it makes me a little sad when I remember that the day will come that I will step away from it. Yesterday was another of those unexpected days when a customer reminded me that I am not the only one who leaves our window with a smile and a good memory. I am grateful everyday for my time at Starbucks and for the collection of beautiful cards I will have when I am done. Thank you, Jeff, wherever you are.

Montour Church Starbucks has a new Instagram

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The Starbucks at Montour Church Place has a new Instagram page. Stop by to get a Pup Cup for your dog (or cat) and we might get your pet onto our Instagram. Visit MontourChurchStarbucks on Instagram to see what we're up to today.

Post Las Vegas Rebound

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  I'm not going to get too excited here about losing 3 pounds in a week. At last weeks weigh-in I was still stuffed from over-eating in Las Vegas. I did exercise more this week and I walked a lot to keep my step count up in line with all of the steps I walked in Vegas. High step counts come easily on the Strip. I ate very well in the past week in spite of a Saturday pizza and McDonalds binge that I thought for sure was going to blow it. Can I lose three more in the next week? I am inspired.