Starbucks CEO Is Focused on Growth Plan, Fundamentals

Starbucks CEO Brian Niccol told Bloomberg that the company's turnaround plan is ahead of schedule and earnings growth is expected to continue. Niccol said becoming a multi-brand company is possible but not the current focus, adding the company is concentrating on improving stores, menus and service. Starbucks stated two weeks prior that it was not exploring a takeover of Chipotle Mexican Grill.

• Bloomberg — Starbucks CEO Is Focused on Growth Plan, Fundamentals
• Bloomberg — Starbucks Could Become a Multi-Brand Company, CEO Says

Next story