• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Starbucks names Brian Niccol as Chairman and Chief Executive Officer

    8/13/24 8:05:00 AM ET
    $SBUX
    Restaurants
    Consumer Discretionary
    Get the next $SBUX alert in real time by email

    Brian Niccol will join Starbucks on September 9, 2024. Mellody Hobson will be lead independent director. Laxman Narasimhan is stepping down as ceo and as a director effective immediately. Rachel Ruggeri will serve as interim ceo.

    Starbucks (NASDAQ:SBUX) today announced that Brian Niccol has been appointed chairman and chief executive officer. Niccol will start in his new role on September 9, 2024. Starbucks chief financial officer, Rachel Ruggeri, will serve as interim ceo until that time. Mellody Hobson, Starbucks board chair, will become lead independent director.

    Niccol currently serves as Chairman and CEO of Chipotle. Since becoming CEO in 2018, Niccol has transformed Chipotle. His focus on people and culture, brand, menu innovation, operational excellence, and digital transformation have set new standards in the industry and driven significant growth and value creation. Revenue has nearly doubled, profits have increased nearly sevenfold, and the stock price has increased by nearly 800% during his leadership, all while increasing wages for retail team members, expanding benefits, and strengthening the culture.

    "We are thrilled to welcome Brian to Starbucks. His phenomenal career speaks for itself. Brian is a culture carrier who brings a wealth of experience and a proven track record of driving innovation and growth. Like all of us at Starbucks, he understands that a remarkable customer experience is rooted in an exceptional partner experience," said Hobson. "Our board believes he will be a transformative leader for our company, our people, and everyone we serve around the world."

    "I am excited to join Starbucks and grateful for the opportunity to help steward this incredible company, alongside hundreds of thousands of devoted partners," said Niccol. "I have long-admired Starbucks iconic brand, unique culture and commitment to enhancing human connections around the globe. As I embark upon this journey, I am energized by the tremendous potential to drive growth and further enhance the Starbucks experience for our customers and partners, while staying true to our mission and values."

    Laxman Narasimhan is stepping down from his role as ceo and as a member of the Starbucks board with immediate effect. During his tenure, he improved the Starbucks partner experience, drove significant innovation in our supply chain, and enhanced our store operations.

    "On behalf of the board, I want to sincerely thank Laxman for his contributions to Starbucks, and his dedication to our people and brand," said Hobson. "In the face of some challenging headwinds, Laxman has been laser focused on improving the business to meet the needs of our customers and partners. We all wish him the very best and know he will do great things in the future."

    Niccol joined Chipotle as Chief Executive Officer and a director in March 2018, and became Chairman of the Board in March 2020. Before joining Chipotle, he served as Chief Executive of Taco Bell. Before becoming CEO he held roles including Chief Marketing and Innovation Officer, and President. He also served in leadership roles at Pizza Hut, another division of Yum! Brands. He began his career in brand management at Procter and Gamble.

    Niccol currently serves on the board of directors of Walmart Inc. He previously served on the board of KB Home and Harley-Davidson. Niccol holds an undergraduate degree from Miami University and an MBA from the University of Chicago Booth School of Business.

    "Having followed Brian's leadership and transformation journey at Chipotle, I've long admired his leadership impact. His retail excellence and track record in delivering extraordinary shareholder value recognizes the critical human element it takes to lead a culture and values driven enterprise. I believe he is the leader Starbucks needs at a pivotal moment in its history. He has my respect and full support," said Howard Schultz, Starbucks founder and chairman emeritus. "I thank Mellody and the Starbucks board for their deep commitment to shaping the future of this remarkable global phenomenon that is Starbucks."

    Ruggeri is a 23-year Starbucks partner. She has been cfo since 2021.

    About Starbucks

    Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 39,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at stories.starbucks.com or www.starbucks.com.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240813920288/en/

    Get the next $SBUX alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $SBUX

    DatePrice TargetRatingAnalyst
    6/26/2025$98.00 → $108.00Overweight
    Barclays
    6/12/2025$84.00 → $95.00Neutral
    Citigroup
    6/11/2025$95.00 → $100.00Outperform
    RBC Capital Mkts
    5/29/2025$90.00Buy → Hold
    TD Cowen
    4/30/2025$85.00Buy → Neutral
    Goldman
    4/22/2025$125.00 → $100.00Overweight
    Wells Fargo
    4/9/2025$76.00Underperform → Hold
    Jefferies
    4/7/2025$85.00Outperform → Neutral
    Robert W. Baird
    More analyst ratings

    $SBUX
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Starbucks Elects Dambisa Moyo and Marissa Mayer to its Board of Directors

      Starbucks Coffee Company (NASDAQ:SBUX) today announced the election of Dr. Dambisa Moyo and Marissa Mayer to its Board of Directors, effective as of June 25, 2025. Moyo has been co-principal of Versaca Investments, a family office focused on growth investing globally, since she co-founded it in 2021. With more than 30 years of experience analyzing macroeconomic and international affairs, Moyo is a skilled global economist. She previously served as CEO of Mildstorm LLC, a financial and economics firm, from 2015 to 2021. Prior to that, she worked at Goldman Sachs and at the World Bank. Moyo is on the boards of Chevron Corporation and Condé Nast and previously served on the boards of SABMi

      6/26/25 4:07:00 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Leadership Experience 2025: Starbucks Rallies 14,000 North America Coffeehouse Leaders to Accelerate its 'Back to Starbucks' Strategy

      This week, Starbucks is hosting over 14,000 coffeehouse leaders from across North America at Leadership Experience 2025 (LE25) in Las Vegas—its largest leadership gathering ever and the first under chairman and ceo Brian Niccol and coo Mike Grams. "Getting ‘Back to Starbucks' means refocusing on what has always set us apart — a welcoming coffeehouse where people gather, and where we serve the finest coffee, handcrafted by our skilled baristas," said Niccol. "We are bringing together our coffeehouse leaders from across North America to celebrate, empower and equip them to accelerate our transformation. The coffeehouse experience defines the Starbucks brand, and these leaders and their team

      6/10/25 9:00:00 AM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Starbucks Reports Q2 Fiscal Year 2025 Results

      Progress on "Back to Starbucks" Strategy Driving Confidence in Turnaround Q2 Consolidated Net Revenues Up 2% to $8.8 Billion Q2 GAAP EPS $0.34; Non-GAAP EPS $0.41, Disciplined Investments Laying Foundation for Durable Growth Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal second quarter ended March 30, 2025. GAAP results in fiscal 2025 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. Q2 Fiscal Year 2025 Highlights Global comparable store sales declined 1%, driven by a 2% decline in comparable transactions, partially o

      4/29/25 4:05:00 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary

    $SBUX
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Knudstorp Jorgen Vig bought $34,770 worth of shares (380 units at $91.50), increasing direct ownership by 1% to 36,242 units (SEC Form 4)

      4 - STARBUCKS CORP (0000829224) (Issuer)

      9/17/24 6:30:55 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary

    $SBUX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Moyo Dambisa F was granted 1,350 shares (SEC Form 4)

      4 - STARBUCKS CORP (0000829224) (Issuer)

      7/3/25 4:51:29 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Director Mayer Marissa A was granted 2,326 shares (SEC Form 4)

      4 - STARBUCKS CORP (0000829224) (Issuer)

      7/3/25 4:48:11 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • New insider Mayer Marissa A claimed no ownership of stock in the company (SEC Form 3)

      3 - STARBUCKS CORP (0000829224) (Issuer)

      7/3/25 4:46:08 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary

    $SBUX
    SEC Filings

    See more
    • Starbucks Corporation filed SEC Form 8-K: Leadership Update

      8-K - STARBUCKS CORP (0000829224) (Filer)

      7/2/25 4:05:50 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Starbucks Corporation filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

      8-K - STARBUCKS CORP (0000829224) (Filer)

      6/30/25 5:10:51 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Starbucks Corporation filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

      8-K - STARBUCKS CORP (0000829224) (Filer)

      6/26/25 4:05:28 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary

    $SBUX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Barclays reiterated coverage on Starbucks with a new price target

      Barclays reiterated coverage of Starbucks with a rating of Overweight and set a new price target of $108.00 from $98.00 previously

      6/26/25 9:28:01 AM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Citigroup reiterated coverage on Starbucks with a new price target

      Citigroup reiterated coverage of Starbucks with a rating of Neutral and set a new price target of $95.00 from $84.00 previously

      6/12/25 11:36:27 AM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • RBC Capital Mkts reiterated coverage on Starbucks with a new price target

      RBC Capital Mkts reiterated coverage of Starbucks with a rating of Outperform and set a new price target of $100.00 from $95.00 previously

      6/11/25 9:52:21 AM ET
      $SBUX
      Restaurants
      Consumer Discretionary

    $SBUX
    Leadership Updates

    Live Leadership Updates

    See more
    • Starbucks Elects Dambisa Moyo and Marissa Mayer to its Board of Directors

      Starbucks Coffee Company (NASDAQ:SBUX) today announced the election of Dr. Dambisa Moyo and Marissa Mayer to its Board of Directors, effective as of June 25, 2025. Moyo has been co-principal of Versaca Investments, a family office focused on growth investing globally, since she co-founded it in 2021. With more than 30 years of experience analyzing macroeconomic and international affairs, Moyo is a skilled global economist. She previously served as CEO of Mildstorm LLC, a financial and economics firm, from 2015 to 2021. Prior to that, she worked at Goldman Sachs and at the World Bank. Moyo is on the boards of Chevron Corporation and Condé Nast and previously served on the boards of SABMi

      6/26/25 4:07:00 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Monumental Sports & Entertainment Appoints Global Leader and DC Native AJ Jones II as Executive Vice President, Chief Strategic and Corporate Communications Officer

      Jones to join MSE senior leadership team overseeing corporate, investor, and ownership communications with MSE's external, internal, and partner stakeholders WASHINGTON, March 24, 2025 /PRNewswire/ -- Monumental Sports & Entertainment (MSE), America's leading sports and entertainment family, today announced the appointment of AJ Jones II as Executive Vice President, Chief Strategic and Corporate Communications Officer to its world-class leadership team. In this role, Jones will be responsible for developing, executing and amplifying MSE's brand and corporate narrative; leadin

      3/24/25 8:30:00 AM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Elliott Statement on Starbucks

      WEST PALM BEACH, Fla., Aug. 13, 2024 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), today released the following statement from Elliott Managing Partner Jesse Cohn and Partner Marc Steinberg regarding Starbucks Corporation (NYSE:SBUX) (the "Company" or "Starbucks") and its engagement with the Company: Elliott has become one of the largest investors in Starbucks because of our confidence in the long-term value-creation opportunity we see at one of the world's most important brands. Elliott has been engaged with Starbucks' Board over the past two months regardin

      8/13/24 9:41:00 AM ET
      $SBUX
      Restaurants
      Consumer Discretionary

    $SBUX
    Financials

    Live finance-specific insights

    See more
    • Starbucks Reports Q2 Fiscal Year 2025 Results

      Progress on "Back to Starbucks" Strategy Driving Confidence in Turnaround Q2 Consolidated Net Revenues Up 2% to $8.8 Billion Q2 GAAP EPS $0.34; Non-GAAP EPS $0.41, Disciplined Investments Laying Foundation for Durable Growth Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal second quarter ended March 30, 2025. GAAP results in fiscal 2025 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. Q2 Fiscal Year 2025 Highlights Global comparable store sales declined 1%, driven by a 2% decline in comparable transactions, partially o

      4/29/25 4:05:00 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Starbucks Announces Q2 Fiscal Year 2025 Results Conference Call

      Starbucks Coffee Company (NASDAQ:SBUX) plans to release its second quarter fiscal year 2025 financial results after market close on Tuesday, April 29, 2025, with a conference call to follow at 2:00 p.m. Pacific Time. The conference call will be webcast, including closed captioning, and can be accessed on the company's website at https://investor.starbucks.com/. A replay of the webcast will be available on the company's website until the end of day, Friday, June 13, 2025. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 40,000 stores worldwide, the company is the premier roaster and

      4/15/25 4:05:00 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • Starbucks Declares Quarterly Cash Dividend

      Starbucks Corporation (NASDAQ:SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.61 per share of outstanding Common Stock. The dividend will be payable in cash on May 30, 2025, to shareholders of record on May 16, 2025. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 40,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To sh

      4/2/25 4:05:00 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary

    $SBUX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Starbucks Corporation (Amendment)

      SC 13G/A - STARBUCKS CORP (0000829224) (Subject)

      2/13/24 5:14:06 PM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Starbucks Corporation (Amendment)

      SC 13G/A - STARBUCKS CORP (0000829224) (Subject)

      2/9/23 11:32:50 AM ET
      $SBUX
      Restaurants
      Consumer Discretionary
    • SEC Form SC 13G/A filed

      SC 13G/A - STARBUCKS CORP (0000829224) (Subject)

      2/10/21 11:52:48 AM ET
      $SBUX
      Restaurants
      Consumer Discretionary