Key TakeawaysStarbucks on Tuesday tapped Chipotle CEO Brian Niccol to lead the company as the world's largest coffeehouse chain seeks to regain its footing.During Niccol's tenure at Chipotle, the restaurant steadily expanded its footprint and grew sales at a rate well ahead of most competitors.At Starbucks, Niccols will have to address a slowdown in China as competition grows more intense in the company's second-largest global market, slumping U.S. sales and demands from activist investors that have grown l ...

Starbucks’ interim chief executive cashed in more than $341,000 in company stock on news that the java giant tapped Chipotle’s CEO Brian Niccol to replace its embattled boss Laxman Narasimhan, security filings show.Rachel Ruggeri — the Seattle-based coffee chain’s chief financial officer who will be its interim CEO until Niccol officially takes the reins on Sept. 9 — sold 3,750 shares to bag a windfall of $341,850, according to a Securities Exchange Commission filing. 4 Rachel Ruggeri, who is Starbucks’ C ...

Key TakeawaysThe S&P 500 added 1.7% on Tuesday, Aug. 13, as data showing softer-than-expected gains in wholesale prices reinforced rate-cut expectations.Starbucks shares soared after the coffee giant announced it hired Chipotle CEO Brian Niccol as its new top executive. Shares of Chipotle tumbled.Baxter International shares moved lower after the medtech firm announced the sale of its kidney health unit. Major U.S. equities indexes jumped higher after the latest Producer Price Index (PPI) data showed a lower ...

文章核心观点 - 近年来,星巴克股价表现波动,尤其是在前任CEO Laxman Narasimhan的任期内,股价下跌约6% [1][2] - 自1992年上市以来,星巴克已经有5位CEO,创始人Howard Schultz曾三次担任CEO [3] - 新任CEO Brian Niccol将面临美国门店同店销售下降、中国市场竞争激烈等挑战,需要应对消费者对价值的追求 [3] 公司表现 - 自1992年上市以来,星巴克股价已从上市时的$21.5涨至近$96,大幅超越标普500指数 [4] - Laxman Narasimhan任期内,股价下跌约6%,而同期标普500上涨37% [5] - Howard Schultz第三次担任CEO时,股价上涨约12% [6] - Kevin Johnson任期内,股价上涨超过55% [7] - Howard Schultz第一次担任CEO时,股价上涨超过10倍 [11] - Orin C. Smith任期内,股价几乎三倍增长 [10] - Jim Donald任期内,股价下跌超过25% [9]

Key TakeawaysStarbucks and Chipotle each saw big moves in their stock prices Tuesday after the announcement that Chipotle CEO Brian Niccol is taking the top job at Starbucks.Baird analyst David Tarantino upgraded Starbucks stock after the news, while lowering his price target for Chipotle shares.Niccol will become CEO of Starbucks in September, with current CEO Laxman Narasimhan stepping down immediately. Tuesday's news that Chipotle (CMG) CEO Brian Niccol is leaving to take the same role at Starbucks (SBUX ...

A behemoth hedge fund intends to take an active role in working with Starbucks to get the coffee powerhouse back on track; should investors take this as a cue to buy shares?Starbucks (SBUX 23.25%), the iconic coffee juggernaut, has caught the attention of an elite hedge fund determined to revamp the faltering business. The fund, Elliott Management, is an investment industry whale. It acquires stakes in public companies and drives operational improvements in their businesses, making it an "activist" investor ...

LAS VEGAS, NV - MARCH 28: A Starbucks coffee shop on the Strip (Las Vegas Boulevard) in Las Vegas, ... [+] Nevada. (Photo by Robert Alexander/Getty Images)Getty ImagesStarbucks stock rose 21% and Chipotle shares fell 7.5% after the burrito-retailer’s CEO Brian Niccol departed to take over the coffee retail chain on September 9, according to CNBC.What a difference a CEO makes! The market capitalization impact of this leadership change totaled $24.2 billion on August 13 alone as Starbucks’ added $18.4 billion ...

Starbucks has suddenly replaced its chief executive after the company suffered a bigger-than-expected drop in sales.The coffee chain's board announced on Tuesday that Laxman Narasimhan had departed the firm "effective immediately". They said Brian Niccol - the boss of burrito chain Chipotle - would soon take his place.It comes following mounting pressure and speculation over the future of Mr Narasimhan, who had only been in the role for a year-and-a-half.Last month, the firm reported that global sales had f ...

In this articleSBUXBrian Niccol, CEO of ChipotleAnjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decades-long Howard Schultz era.Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job in March 2023 after being handpicked by the former CEO Schultz. In its last two quarters, Starbucks reported same-store sales declines as its U.S. business flounder ...

文章核心观点 - 聘请行业内经验证的领导者将使星巴克多年成功，聘请Chipotle的Brian Niccol担任CEO对星巴克是重大胜利，当前该股票值得买入 [1] 具体信息 - 视频中Motley Fool撰稿人Jason Hall分析聘请Brian Niccol担任CEO对星巴克的意义及股票买入原因 [1] - 所用股价为2024年8月13日上午的价格，视频于2024年8月13日发布 [1] - Chipotle股价跌幅为9.46%，星巴克股价涨幅为20.55% [1]