His substantial pay package, which detailed in a recent securities filing with the SEC, includes buyouts of Chipotle Mexican Grill shares.
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.
Construction workers are grabbing lunch at Chipotle Mexican Grill and taking coffee breaks in Starbucks, the first two businesses to open in Highland’s new Greenspot Crossings. The eateries ...
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.
Quarterly profit and same-store sales decline, but CEO Brian Niccol cites “positive response” to chain’s efforts to woo back customers.
Niccol, credited with reviving burrito chain Chipotle Mexican Grill, has looked to return Starbucks to its coffee house roots in the U.S. by rolling out a simpler menu, ceramic cups, refills and condiment bars. He also addressed a key concern of diners by reducing wait times at the cafes to under four minutes.
Starbucks Corp. paid new Chief Executive Officer Brian Niccol about $96 million for four months of work last year.
Brian Niccol, 50, who joined Starbucks in September 2023 from Chipotle Mexican Grill, also received a $5 million sign-on bonus just a month into his role, as revealed in company filings.
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.
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.