Squawk on the Street Starbucks CEO Talks Turnaround Plan, Palo Alto-CyberArk $25B deal, Hassett on GDP, Tariffs and the Fed 7/30/25
Jul 30, 2025
Brian Niccol, CEO of Starbucks, dives into the company's turnaround plan and the innovative Green Apron service model aimed at boosting customer experience. He reflects on the optimism surrounding Starbucks' financial future. Meanwhile, Kevin Hassett, former National Economic Council Director, offers insights on the stronger-than-expected Q2 GDP, discussing its implications alongside tariffs and the Fed. The conversation also touches on the $25 billion merger between Palo Alto Networks and CyberArk, reshaping the cybersecurity landscape.
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Starbucks' Service Model Boosts Growth
- Starbucks' Green Apron service model improves staffing alignment to boost customer experience.
- It enhances order accuracy and speed, especially during peak times, driving transaction growth.
Starbucks Thrives Amid China Competition
- Starbucks is turning around its performance in China despite rising competition.
- They leverage innovation, cultural marketing, and competitive pricing while maintaining a premium coffee experience.
Starbucks Targets Margin Recovery
- Starbucks aims to restore operating margins to pre-pandemic levels.
- The approach balances business investment for growth with cost structure improvement.