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Stock impact report

A Year After Brian Niccol's Move, Starbucks and Chipotle Both Sink [TheStreet.com]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: TheStreet.com
A year has passed since Brian Niccol switched teams, from Chipotle CMG to Starbucks SBUX First a little background. After a seven-year stint as chief marketing officer at Taco Bell YUM , Brian Niccol became the CEO of Chipotle Mexican Grill in 2018. He held that title through August of 2024. During Niccol's tenure, Chipotle's stock gained over 700%, as revenues and profits soared. He then took the reins at Starbucks in September of last year. At the time, the move was considered a coup for the Seattle-based coffee retailer. Let's compare the performance of both names since Niccol moved from Chipotle to Starbucks one year ago. Then we'll chart both stocks to determine their future prospects. Losing Niccol may have impacted Chipotle, as the stock has fallen by 31% over the past 12 months. But Niccol's new employer has also underperformed the broader market, with Starbucks shares declining by 12% over that span. Chipotle's chart looks terrible. The stock has broken down from Show less Read more
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