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Chipotle Is Using An AI Tool To Slash Hiring Time By 75% During Busy 'Burrito Season'
Tuesday, October 29, 2024 - 10:01pm | 797During an interview, Interim CEO of Chipotle Mexican Grill (NYSE:CMG), Scott Boatwright, shared insights into the company’s third-quarter performance and future strategies. What Happened: On Tuesday, before Chipotle’s third-quarter earnings call, Boatwright discussed a range of...
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Chipotle Q3 Earnings Preview: Will Growth Continue During Leadership Changes?
Monday, October 28, 2024 - 2:13pm | 787As Chipotle Mexican Grill, Inc. (NYSE:CMG) prepares to release its third-quarter earnings Tuesday after the market close, investors and analysts are closely watching the company's performance amid recent, robust growth and a significant leadership transition. Chipotle outperformed expectations in...
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Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: 'Zeroing In' On Right Issues
Wednesday, October 23, 2024 - 1:37pm | 531Analysts are weighing in after Starbucks Corp. (NASDAQ:SBUX) on Tuesday reported worse-than-expected preliminary fourth-quarter results and suspended its guidance for 2025. The Details: In a surprise move, Starbucks reported preliminary results for the fourth quarter showing that it expects...
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Starbucks Stock Stumbles After Company Reports Weak Preliminary Results, Suspends Guidance
Tuesday, October 22, 2024 - 5:17pm | 620Starbucks Corp (NASDAQ:SBUX) shares are cooling off in Tuesday’s after-hours session after the coffee giant reported weak preliminary results and suspended its guidance. What Happened: Starbucks reported preliminary financial results for the fourth quarter after the market close on Tuesday...
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Jim Cramer Calls Starbucks A 'Stimulus Play': Golden Cross Signals Bullish Run Ahead
Monday, September 30, 2024 - 9:30am | 773Starbucks Corp (NASDAQ:SBUX) is brewing excitement as a Golden Cross formation suggests a potential bullish run. The stock is up 6.84% over the past year, with a 3.94% gain year-to-date. Jim Cramer recently put the spotlight on Starbucks, naming it one of his top “stimulus plays” in the...
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Starbucks North America CEO Michael Conway Quits After Just 6 Months In The Position
Tuesday, September 17, 2024 - 3:33am | 596In a surprising move, Michael Conway, Starbucks (NASDAQ:SBUX) North America CEO, has resigned after only six months in the role. What Happened: Conway, who took on the position in April, informed the company of his decision last week, as per a Securities and Exchange Commission filing. He will...
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Starbucks Stock, Pumpkin Spice & Everything Nice: How Much $1,000 Invested In Coffee Giant When Pumpkin Spice Latte Was Introduced Would Be Worth Today
Wednesday, September 11, 2024 - 6:01pm | 855Coffee giant Starbucks Corporation (NASDAQ:SBUX) is in the middle of pumpkin spice latte season, which has turned into a huge sales and marketing boom for the company and comes with new CEO Brian Niccol taking the helm and outlining plans for growth. What Happened: Starbucks first launched the...
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Brian Niccol Outlines Vision To Reconnect Starbucks With Community Coffeehouse Roots On His 2nd Day As CEO
Wednesday, September 11, 2024 - 4:27am | 584Brian Niccol, on his second day as Starbucks Corp.’s (NASDAQ:SBUX) CEO, announced plans to return the company to its roots as a community coffeehouse. What Happened: Niccol emphasized the need for comfortable seating and a clear distinction between “to-go” and “for-here...
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Chipotle Fast-Tracks CFO Appointment Following CEO Brian Niccol's Move To Starbucks — Adam Rymer To Takeover Earlier Than Expected
Wednesday, August 28, 2024 - 11:23pm | 607Chipotle Mexican Grill (NYSE:CMG) has expedited its CFO transition following the exit of CEO Brian Niccol for Starbucks (NASDAQ:SBUX), the burrito chain announced on Wednesday. What Happened: Adam Rymer will now take over as finance chief on Oct. 1, instead of January as initially planned. This...
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Starbucks Gives New CEO Brian Niccol Company Jet To Fly To Seattle HQ, Sparks Environmental Backlash
Sunday, August 25, 2024 - 3:30pm | 504The newly appointed CEO of Starbucks Corporation, Brian Niccol, has sparked environmental concerns with his decision to commute between his California home and the Seattle office via a private jet, as per a recent company announcement. What Happened: Starbucks has made arrangements for Niccol to...
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Chipotle Is Still A Tasty Buying Opportunity Despite 20% Drop, Expert Says
Tuesday, August 20, 2024 - 9:07am | 544Stephanie Link, Chief Investment Strategist & Portfolio Manager at Hightower Advisors, isn't shying away from Chipotle Mexican Grill Inc (NYSE:CMG) despite its recent stock decline. The Newport Beach, California-based fast-casual franchise is down more than 20% since June 18. Link started a...
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Will Remote Work Come Back? Starbucks CEO Says Rules For Thee, Not For Me
Monday, August 19, 2024 - 12:32pm | 489Brian Niccol made waves last week when Starbucks Corp (NASDAQ:SBUX) announced the former Chipotle Mexican Grill (NYSE:CMG) CEO would be the new leader of Starbucks. In order to entice Niccol to leave Chipotle for Starbucks, the coffee giant offered a $10-million signing bonus and another...
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Jim Cramer Sees Old Wall Street Gibberish In Fight For Value Brands Amid Starbucks Management Overhaul: 'Keep It On Your Sheets'
Monday, August 19, 2024 - 4:01am | 642Jim Cramer shared his thoughts on the recent Starbucks Corp. (NASDAQ:SBUX) CEO change and its implications for traditional investing strategies. What Happened: Cramer the host of CNBC’s “Mad Money,” discussed the recent shift in the Starbucks leadership. He noted that the change...
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US Economic Data Eases Rush For Large Interest Rate Cuts, Stocks Mark Strongest Weekly Gains In 10 Months: This Week In The Markets
Friday, August 16, 2024 - 4:16pm | 634Recent economic data has eased the recession fears that loomed earlier in August, diminishing the likelihood of large rate cuts by the Federal Reserve and boosting investor confidence in risk assets. The S&P 500 and Nasdaq 100 indices saw their strongest week since late October 2023 as of...
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New Starbucks CEO Brian Niccol Boosts Company Valuation By Over $15B In One Day: What's His Net Worth?
Thursday, August 15, 2024 - 10:13am | 407When Starbucks Corp (NASDAQ:SBUX) announced Brian Niccol as its new CEO, the company's stock jumped around 20%, adding more than $15 billion in valuation to the coffee giant. But, how much is Niccol, the former CEO of Chipotle Mexican Grill (NYSE:CMG) actually worth?Niccol joined Chipotle as the...