Starbucks

Starbucks (SBUX) revealed their Quarter 1 2022 earnings on Tuesday. They delivered a small revenue beat but missed Q1 earnings by $.08. More significantly, they lowered earnings for the rest of 2022, and noted they would not be back to their long-term earnings profile of 18 to 19% operating income margin until 2024. 2022 will…

Read More »

When Is $1 Million not $1 Million?

For a number of years recently, the idea of imposing an additional tax on incomes over $1 million was all the rage across the political landscape. A handful of states – notably California in 2012, followed by Connecticut and New York along with Washington DC were quick to impose the new tax on “millionaires”. More…

Read More »

Miscellaneous

As the 2016 Presidential campaign gets deeper into the spring months and closer to the two party conventions this summer, the importance of the decisions voters will make this fall is coming more into focus.  At this juncture, small business owners are losing faith in the choices they’ll potentially see on the ballot come November. …

Read More »