Brian Niccol

In order to accelerate its turnaround while managing costs, Starbucks Corp. (NASDAQ:SBUX) has offered stock grants worth $6 million to its executives. Meanwhile, the stock’s technical analysis paints a mixed picture for its momentum. What Happened: The performance-based awards, in the form of...

Starbucks Corp (NASDAQ:SBUX) has launched a new AI tool to help baristas prepare drinks. What Happened: Green Dot Assist, the Seattle-based coffee chain announced, is an AI tool developed with Microsoft Azure’s OpenAI, Business Insider reports. It will serve as a virtual assistant for...

Chief Executive Officer pay soared to new heights in 2024, with compensation packages for the top executives at America's largest companies reaching record levels.  The median compensation for the highest-paid 100 CEOs in 2024, according to data from Equilar, reached $25.6 million, reflecting...

For its China business, Starbucks Corp. (NASDAQ:SBUX) is weighing choices including a possible stake sale that would value the assets at several billion dollars. What Happened: Through a financial consultant, the coffee behemoth has approached technology businesses and private equity firms this...

Starbucks Corp (NASDAQ:SBUX) shares are facing heavy selling pressure Wednesday morning after the company reported worse-than-expected results for the second quarter. Q2 Revenue: $8.76 billion, versus estimates of $8.86 billion Q2 Adjusted EPS: 41 cents, versus estimates of 50 cents...

Coffeehouse chain, Starbucks Corp. (NASDAQ:SBUX), is making a case for its resilience amid the slowdown, rising recession risks, and global trade uncertainty. What Happened: During Tuesday's second-quarter earnings call, CEO Brian Niccol addressed concerns about the company’s past...

Starbucks Corporation (NASDAQ:SBUX) could show how the macroeconomic environment is affecting consumers who buy their daily coffee at restaurants or opt to brew it at home when the company reports its second-quarter financial results on Thursday after the market close. Earnings Estimates...

Starbucks Corp (NASDAQ:SBUX) shares are trading lower Thursday following reports suggesting the company is reorganizing to hold leadership more accountable for financial and operational improvements. What To Know: According to the Wall Street Journal, in his first public remarks since announcing...

Starbucks Corp (NASDAQ:SBUX) reported financial results for the first quarter after the market close on Tuesday. Here’s a look at what’s been brewing at Starbucks over the past few months. Q1 Earnings: Starbucks reported first-quarter revenue of $9.4 billion, beating the consensus...

Coffee retailer Starbucks Corp (NASDAQ:SBUX) is expected to report year-over-year declines for revenue and earnings per share in the company's first-quarter financial results after market close Tuesday. Here's a look at the earnings estimates and key items to watch. Earnings Estimates: Analysts...

Chipotle Mexican Grill, Inc. (NYSE:CMG) announced Monday that Scott Boatwright, who served as interim CEO since August, will permanently lead the fast-casual restaurant chain with a compensation package valued less than half of his predecessor’s pay. What Happened: Boatwright, 52, who served...

Chipotle Mexican Grill Inc (NYSE:CMG) officially named Scott Boatwright as its permanent CEO, months after Brian Niccol's exit to Starbucks Corp (NASDAQ:SBUX). Boatwright, who joined Chipotle in 2017 and has served as interim CEO since August, is now tasked with taking the burrito giant to new...

Starbucks Corp (NASDAQ:SBUX) will eliminate the extra charge for non-dairy milk options in company-owned stores across the United States and Canada, starting Nov 7. What Happened: This change will coincide with the launch of the brand’s holiday menu, making beverages with soymilk, oat milk,...

Starbucks Corp (NASDAQ:SBUX) reported fourth-quarter financial results after the bell on Wednesday. Here’s a rundown of the report. Q4 Revenue: $9.07 billion, versus estimates of $9.38 billion Q4 EPS: 80 cents, versus estimates of $1.03 Comparable store sales declined 7% globally, driven...

Starbucks Corp. (NASDAQ:SBUX) has decided to discontinue its olive oil-infused drinks, known as “Oleato,” from its US and Canada menus. This decision is part of the company’s strategy to simplify its menu, which has been described as “overly complex” by the new CEO,...