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      "text": "The most relevant period for evaluating Starbucks' performance is from Dec. 9, 2021, when the impact of Starbucks' response to unionization became tangible for investors, to Nov. 21, 2023, when the SOC nominated its candidates for the Board",
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      "text": "The Board takes credit for “leading shareholder returns” that it has not delivered. Dividends as a percent of market cap or dividend yield relative to projected growth are not TSR*",
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      "text": "The Board alternately cites May 3, 2022, September 13, 2022 and November 2, 2023, as milestone dates on which its strategy was announced, approved or reinvented",
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      "text": "Starbucks did not take any steps to resolve its biggest problem – the impact on shareholder value of its illegal strategy to oppose employees' desire for a union regardless of cost to its reputation and brand",
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      "text": "*Source: Starbucks Feb. 16, 2024, Investor Presentation (Pages 7, 10, 11)",
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