Starbucks announced Tuesday it will be replacing current CEO Laxman Narasimhan with Chipotle leader Brian Niccol after months of slowing sales, according to reports. The company said Niccol — who has been widely praised for a turnaround at Chipotle that has boosted the burrito chain’s stock by more than 50% over the past year — will assume the executive position on Sept. 9, according to The Wall Street Journal. The sudden change in leadership follows a 20% stock drop for Starbucks since Narasimhan took the ...

文章核心观点 - 美式餐饮公司Chipotle的CEO Brian Niccol将于8月31日离职,转任星巴克CEO [1][2][3] - Chipotle任命首席运营官Scott Boatwright为临时CEO,同时首席财务官Jack Hartung将无限期留任协助过渡 [3] - Chipotle在Niccol的领导下,股价上涨超过700% [2] - Chipotle近期业绩表现强劲,同店销售增长11.1%,收入达29.7亿美元 [5][6] 公司概况 - Chipotle是一家美式餐饮公司,在Niccol的领导下渡过了食品安全危机和疫情 [7] - Niccol此前曾担任Taco Bell的CEO [7] 行业动态 - 与其他餐饮企业相比,Chipotle的同店销售和客流量表现较为出色 [5]

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Starbucks announced Tuesday it's replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.Shares of Starbucks rose 10% in premarket trading on the news.Narasimhan took over as chief executive in March 2023. The coffee giant's performance has struggled this year, hurt by weak sales in the U.S. and China. Activist investors Elliott Management and Starboard Value had acquired stakes in the company in recent weeks.Starbucks CFO Rachel Ruggeri will step in as interim chief executive until Sept. 9, when Nic ...

U.S. stocks traded mixed toward the end of trading, with the S&P 500 edging higher on Monday.The Dow traded down 0.47% to 39,310.03 while the NASDAQ rose 0.17% to 16,773.12. The S&P 500 also fell, dropping, 0.08% to5,339.84.Leading and Lagging SectorsInformation technology shares climbed by 1% on Monday.In trading on Monday, real estate shares fell 1.1%.Top HeadlineStarbucks Corp SBUX shares gained around 2% on Monday following a report suggesting activist investor interest is brewing.According to a Wall St ...

Key TakeawaysA report that hedge fund Starboard Value has taken a stake in Starbucks sent shares of the world's biggest coffee chain higher Monday.The Wall Street Journal said it wasn't clear the size of Starboard's investment or what changes it may be calling for.Starbucks already is in settlement negotiations with activist investor Elliott Investment Management, which the paper said has also taken a stake in the company. Starbucks (SBUX) shares advanced in intraday trading Monday on word hedge fund Starbo ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Laxman Narasimhan attends the 2023 TAAF Annual AAPI CEO Dinner at The Pool on September 26, 2023 in New York City. (Photo by JP Yim/Getty Images for The Asian American Foundation (TAAF).Activist Elliott Management and Starbucks' board of directors are in settlement talks, according to people familiar with the matter.Elliott and Starbucks' directors met last week to discuss the activist's settlement offer, said the people, who requested anonymity to discuss private matters freely. A decision has not yet been ...

Starbucks Corp (NASDAQ:SBUX) stock is up 2.5% to trade at $77 premarket, after The Wall Street Journal reported activist investor Starboard Value took a stake in the company to raise share value.The equity has been struggling since marking its worst day since 2020 back in May, after a lackluster earnings report. The 60-day moving average has also been a consistent level of pressure, guiding the shares to their July 16, two-year low of $71.55. While SBUX has since edged higher, it still carries a 21% year-to ...

文章核心观点 - 过去两个季度,Starbucks的同店销售额呈现下降趋势,这是一个令人担忧的趋势 [5][6][7] - 虽然Starbucks仍在产生大量利润和自由现金流,但面临着通胀和可能的经济衰退带来的挑战 [9][10][11] - 目前Starbucks股价已下跌超过20%,估值略低于市场平均水平,但仍需更大的折扣才值得买入 [12][13] 根据相关目录分别进行总结 同店销售表现 - 过去两个季度,Starbucks的全球同店销售额分别下降3%和4% [6] - 同店销售额下降主要是由于客流量下降5-6%,而客单价仅上涨2% [6][7] - 这表明Starbucks正在努力吸引客户进店,即使客单价保持稳定,客流量下降也足以拖累同店销售增长 [7] 财务表现 - 过去12个月,Starbucks仍实现了41亿美元的利润和38亿美元的自由现金流 [9][10] - 这表明Starbucks仍有充足的资金进行投资和改善运营效率 [10] 行业和经济环境 - 当前的高通胀环境使Starbucks的高价咖啡显得更加昂贵,导致消费者更倾向于选择更便宜的竞争品牌 [3] - 如果出现持续的经济衰退,Starbucks可能会面临需求进一步下滑的风险 [11] 投资建议 - 目前Starbucks股价已下跌超过20%,估值略低于市场平均水平,但仍需更大的折扣才值得买入 [12][13] - 考虑到Starbucks面临的挑战,投资者应谨慎对待,等待更大的折价机会 [13]