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Starbucks' New CEO Brian Niccol To Receive $113M Payday And Remote Working Privileges
Thursday, August 15, 2024 - 4:25am | 704Starbucks Corp.’s (NASDAQ:SBUX) new CEO, Brian Niccol, will receive over a $113 million compensation package. This is in addition to the privilege of working remotely. What Happened: Niccol’s total compensation package includes a $10 million sign-on bonus, a $75 million equity grant,...
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Chipotle CEO Brian Niccol Jumps Ship To Starbucks, 6 Analysts Weigh Implications: 'Undeniable Victory'
Wednesday, August 14, 2024 - 2:34pm | 1137The surprise departure of Chipotle Mexican Grill Inc (NYSE:CMG) chairman and CEO Brian Niccol sent shockwaves across the restaurant industry. Analysts seem to agree Starbucks Corp (NASDAQ:SBUX) is the clear winner, but Chipotle remains in good hands. What Happened: Chipotle announced...
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Starbucks, Chipotle Witness Slight Dip Premarket After CEO Shakeup Draws Mixed Reactions From Analysts
Wednesday, August 14, 2024 - 5:34am | 455Shares of Starbucks Corp. (NASDAQ:SBUX) and Chipotle Mexican Grill, Inc. (NYSE:CMG) experienced a minor dip in pre-market trading following a change in leadership at Starbucks. What Happened: As per Benzinga Pro, Starbucks’ shares were trading 0.99% lower during the pre-market session on...
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Brian Niccol Is The 'Key To A New Starbucks', Says Jim Cramer: 'Turnaround Can't Happen Overnight'
Wednesday, August 14, 2024 - 1:08am | 742Starbucks Corp. (NASDAQ:SBUX) has recently been in the news for its major management shake-up, with CEO Laxman Narasimhan being replaced by Brian Niccol, the CEO of Chipotle Mexican Grill (NYSE:CMG). The new leadership is expected to play a pivotal role in Starbucks’ turnaround, according to...
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One Man Cost Chipotle $7 Billion, Gives Starbucks $15 Billion, Just By Swapping CEO Chairs (UPDATED)
Tuesday, August 13, 2024 - 2:59pm | 419Editor’s Note: This article was updated to include Trian Fund Management’s recent stake in Starbucks and subsequent sale, as reported by CNBC. As many Americans do, Brian Niccol decided to switch jobs. The former CEO of Chipotle Mexican Grill (NYSE:CMG) took a new role, replacing Laxman...
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Starbucks Analysts Mixed On New CEO Brian Niccol, Who Led CMG Stock 650% Higher In 6 Years: 'Starbucks Is No Chipotle'
Tuesday, August 13, 2024 - 11:18am | 1010Starbucks (NASDAQ:SBUX) analysts are mixed Tuesday on what the addition of Brian Niccol, previously CEO and Chairman of Chipotle Mexican Grill (NYSE:CMG), could mean for the coffee chain. The Starbucks Analysts: Wedbush analyst Nick Setyan maintained a Neutral rating on Starbucks with an $80 price...
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This Wells Fargo Analyst Ordered 75 Chipotle Burrito Bowls To Prove A Point: 'They're Undersizing Me'
Tuesday, July 2, 2024 - 11:33am | 546A Wells Fargo analyst ordered dozens of burritos from Chipotle Mexican Grill, Inc (NYSE:CMG) to prove a point about portion sizes amid increased attention in fast food. What Happened: A post on X relayed a study from the Wells Fargo report. There is a Wells Fargo analyst who ordered the same...
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Chipotle Mexican Grill Q4 Earnings Highlights: Revenue Beat, EPS Beat, Guidance And Unit Count Updates
Tuesday, February 6, 2024 - 5:57pm | 453Restaurant company Chipotle Mexican Grill (NYSE:CMG) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights for investors. What Happened: Chipotle reported fourth-quarter revenue of $2.52 billion, which was up 15.4% year-over-year. The revenue total...
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If You Invested $1000 in Chipotle Mexican Grill 10 Years Ago, This Is How Much You'd Have Now
Friday, May 19, 2023 - 1:15pm | 746How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries. Another factor that can influence investors is FOMO, or the fear of missing out,...
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What's Going On With Chipotle Stock Today?
Wednesday, February 8, 2023 - 10:14am | 469Chipotle Mexican Grill Inc (NYSE: CMG) shares are down nearly 5% Wednesday morning after the fast-casual restaurant chain company reported worse-than-expected financial results, missing estimates on both the top and bottom lines for the first time in several years. ...
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After-Hours Alert: Why Chipotle Stock Is Getting Cooked
Tuesday, February 7, 2023 - 5:23pm | 412Chipotle Mexican Grill Inc (NYSE: CMG) shares are trading lower in Tuesday's after-hours session after the company reported fourth-quarter financial results that came in below analyst estimates. What Happened: Chipotle said fourth-quarter revenue increased 11.2% year-over-...
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Bernie Sanders Lashes Out At Chipotle: Will The CEO Follow Elon Musk, Jeff Bezos And Wage Twitter War?
Friday, February 11, 2022 - 6:46pm | 760U.S. Sen. Bernie Sanders is America's longest-serving independent politician in Congress. He is well known for his progressive ideas and his consistent tax criticisms of the rich, which often includes lashing out at executives from some of the country...
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Why Chipotle Shares Are Rising Today
Wednesday, February 9, 2022 - 10:12am | 330Chipotle Mexican Grill Inc (NYSE: CMG) is trading higher Wednesday after the company announced better-than-expected fourth-quarter earnings results and issued guidance. Chipotle reported quarterly revenue of $1.96 billion, which was in line with estimates, representing a 22% increase...
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5 Things You Might Not Know About Chipotle Mexican Grill CEO Brian Niccol
Thursday, October 21, 2021 - 11:41am | 698Chipotle Mexican, Grill Inc. (NYSE: CMG) founder Steve Ellis announced he was stepping down as the leader of the company in late 2017. Ellis was succeeded by industry veteran Brian Niccol, who has been credited with helping to steer the company forward from a brand crisis. Here are five things...
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Why Chipotle's Stock Is Trading Higher Today
Wednesday, July 21, 2021 - 10:43am | 380Chipotle Mexican Grill Inc (NYSE: CMG) is trading significantly higher Wednesday after the company announced better-than-expected financial results. Chipotle reported second-quarter earnings of $7.46 per share, which beat the estimate of $6.49 per share. The company reported quarterly revenue...