You don't have to go too far back in history to see examples of ceos handing off the keys to the corner office, moving to the chairman roll. And pretty soon, whether it's bob iger at disney or howard scholtz at starbux, they are back in the mix. So i think judging sito tenure is a tough and a, you know, that's got to be in mind too, when you look at these transitions.
Costco ends the fiscal year on a strong note. Nike struggles with global supply chain issues. Adobe posts record revenue. FedEx cuts full-year guidance. Stitch Fix surprises with a quarterly profit. Salesforce and Darden Restaurants hit new all-time highs. And Toast pops 50% on its first day of trading. Emily Flippen and Jason Moser analyze those stories and share two stocks on their radar: Coupang and Compass.
Plus, CNBC host Jon Fortt discusses the latest revelations about Facebook, what investors should know about new Amazon CEO Andy Jassy, and WeWork’s upcoming debut in the public markets.
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