In this episode, Scott Becker explores the leadership impact of Brian Niccol, the CEO known for transforming Chipotle and now aiming to revitalize Starbucks.
Chapter 1: Who is Brian Niccol and why is he significant?
Chapter 2: How did Brian Niccol transform Chipotle?
Chapter 3: What challenges is Brian Niccol facing at Starbucks?
This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is the Brian Nicole difference. So Brian Nicole is a famous CEO that did this incredible job of turning around and strengthening Chipotle. And Chipotle had great, great results under Brian Nicole. Then Brian Nicole went to Starbucks, which has been sort of caught in a slump for it seems like years.
Chapter 4: Is the Brian Niccol effect visible in current stock performance?
Chapter 5: How does Starbucks' stock compare to the S&P 500 this year?
Chapter 6: What signs indicate Brian Niccol’s impact on Starbucks?
And it's starting to work as magic there. I'm very encouraged by the signs there. So is the Brian Nicole difference all that it's cracked up to be? Right now, Chipotle's down 20% year to date. Starbucks is down 10% year to date. And you might say, well, if they're down 10% year to date, how good is it going? What you have to look at is the S&P is down about the same amount.
The retail business is not doing great. So compared to the rest of the sector, I think he's doing pretty well. And again, it's sort of like one of these kinds of things. There's certain people you don't bet against. I think Brian Nicole is one of those people. So I bet with Brian Nicole.
I'm not really putting individual dollars at Starbucks, so maybe I'm a week better, but I am to have money in my index funds, and I do watch this closely. I love watching this thing with Brian Nicole. The other thing, thank you for listening to the Becker Private Equity and Business Podcast. Thank you very, very much.