Starbucks CEO Brian Niccol has been paid approximately $96 million in total compensation after just four months on the job — quickly becoming one of the highest-paid executives in corporate America. His substantial pay package,
That modification, from Citigroup 's Jon Tower, was only a slight one. Tower shaved $1 off his existing fair value assessment to land at $69 per share for Chipotle. At this level for the analyst, the stock remains a buy.
The Weymouth zoning board awarded special permits to FX/Harborlight, which plans to tear down the existing 41,000-square-foot building at 505 Pond St. and replace it with a 12,400-square-foot structure to house a Starbucks coffee shop, a Chipotle Mexican Grill restaurant and three other tenants.
The new shopping center is part of a massive amount of development on Greenspot Road near the 210 Freeway, including a Costco expected to open March 8.
Wednesday as Wall Street analysts hiked their price targets for the stock and bought into upbeat comments from Chief Executive Brian Niccol after his first full quarter at the helm. Niccol said Tuesday the company’s work to freshen its brand around coffee craftsmanship “is just beginning.
Starbucks reported a smaller-than-expected fall in first-quarter comparable sales on Tuesday, in early signs that the struggling coffee chain was benefiting from CEO Brian Niccol's efforts to revive demand.
Chipotle declares Monday, February 10 an "Extra Sunday" featuring a free Guac and Queso Blanco offer for Chipotle Rewards members. Chipotle Mexican Grill, Inc. Chipotle Mexican Grill is doing its part to soften the blow brought on by the day after the Super Bowl.
Starbucks will also add digital menus to all of its company-owned U.S. stores over the next 18 months to make ordering options clearer.
"I think we're definitely in the middle of a turnaround," Niccol said on Yahoo Finance (video above). The former Chipotle CEO — who officially took over at Starbucks on Sept. 9, 2024 — has a tall order this year in delivering growth to an anxious investor base expecting great things from the restaurant wizard.
STORY: Starbucks just might be on the mend. Results out Tuesday showed a smaller-than-expected fall in sales over the first quarter. Earnings per share also beat estimates. Analysts say it’s a sign that the coffee chain is benefiting from turnaround efforts under new CEO Brian Niccol.
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Starbucks Corp. paid new Chief Executive Officer Brian Niccol about $96 million for four months of work last year.