A lot has been mentioned about Chipotle (CMG) and Starbucks (SBUX) in restaurant circles over the previous 12 months. Chipotle finds itself with a brand new CEO in Scott Boatwright, who’s seeking to ramp retailer progress to a brand new degree. And as he said on Yahoo Finance’s Opening Bid podcast, presumably carry extra robots into its kitchens!
As for Boatwright’s former boss Brian Niccol, he finds himself with the most important problem in an illustrious restaurant profession — as a CEO at Starbucks making an attempt to rejuvenate the espresso serving icon.
One story that has gone underneath the radar is the reinvigoration of Wendy’s (WEN) underneath CEO Kirk Tanner. Tanner simply handed his one-year mark at Wendy’s and contemporary off an investor day, it’s clear he has large objectives for an iconic American quick meals chain based by Dave Thomas. Yahoo Finance govt editor Brian Sozzi sits down on the Opening Bid podcast with Tanner to debate his plans for the chain, together with an aggressive tempo of recent retailer openings, AI powered drive-thrus and doubling down on breakfast.
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Yahoo Finance’s Opening Bid is produced by Langston Sessoms
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