3 Easy Ways Starbucks' New CEO Could Grow the Business
On March 16, Starbucks (NASDAQ: SBUX) announced that CEO Kevin Johnson would step down on April 4 and be replaced with former CEO Howard Schultz on an interim basis. Plans call for a permanent CEO to take the reins by the fall.
The startling news leaves a lot of questions as to which direction Starbucks will go from here. Management is a key part of any business, so not knowing the future of Starbucks' top brass is a risk that investors should take into consideration. On top of that uncertainty, pressure from unionization, inflation, and the need to reduce waste are factors that impact Starbucks on an environmental, social, and governance (ESG) front.
Despite these risks, it appears that Starbucks has plenty of growth opportunities ahead of it. Here are three easy ways that Starbucks can grow its business, and why the stock may be worth considering now.
Source Fool.com
