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Barron's Streetwise

New Starbucks CEO Faces Frothy Expectations

Barron's Streetwise

Barron's

Business

4.8 • 1.5K Ratings

🗓️ 16 August 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Brian Niccol turned Chipotle around. Will it work for lattes? Morningstar’s Brian Dunlop joins the podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

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0:07.8

to prevent ransomware and AI attacks that target business.

0:11.7

Z-scaler Zero Trust plus AI. Learn more at Z-scaler

0:16.1

dot com slash Zero-Trust AI.

0:20.3

If you look at Chipotle on average across their system they can basically make and sell 100

0:26.2

burritos per hour.

0:27.7

So mapping that under Starbucks operations, you've got to think there's a way to fix some of this stuff.

0:36.0

Hello and welcome to the Barron Streetwise podcast.

0:39.0

I'm Jack Howe and the voice you just heard is Sean Dunlop.

0:42.0

He's a stock analyst at Morningstar and there's a reason

0:45.6

he's talking about burritos and coffee. It's not that Starbucks is testing a carnay or

0:52.3

anything like that.

0:53.2

It's that the CEO of Chipotle, who we've had on this podcast,

0:57.8

is heading to Starbucks.

0:59.7

We'll talk about what that means for the stock,

1:02.0

and we'll run through some other restaurant stock picks.

1:11.0

Listening in is our audio producer Jackson, hi Jackson, hi Jackson,

1:14.7

Hi Jack.

1:15.8

Are you a Starbucks customer?

1:17.9

You know, I used to be once in a while.

1:20.7

I'll come if I have the Starbucks gift card, but I found that cutting coffee out of my budget is a pretty easy low-hanging fruit.

1:30.0

I can make coffee at home pretty easily.

...

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