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Yahoo Finance

Starbucks names Chipotle CEO Brian Niccol as its next chairman and CEO

Yahoo Finance
Summary
Nutrition label

83% Informative

Shares of Starbucks were up as much as 13% in pre-market trading following the announcement.

CFO Rachel Ruggeri , who has served in the role since 2021 , will be interim CEO.

Last month , Starbucks reported another challenging quarter , with same-store sales falling 3% .

VR Score

85

Informative language

83

Neutral language

89

Article tone

informal

Language

English

Language complexity

33

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links