Chipotle Mexican Grill Inc
McDonald’s, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
Chipotle and McDonald’s fast-food restaurants in Chinatown in Washington, D.C. Jeff Greenberg | Universal Images Group | Getty Images McDonald’s and Chipotle Mexican Grill will raise their menu prices in California next year to offset the state’s minimum wage increase for fast-food workers, executives said as both chains announced quarterly earnings in recent days. McDonald’s […]
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Stocks earning the biggest moves midday: Intel, Chipotle, Juniper Networks and a lot more
Check out out the corporations building headlines in midday buying and selling. Intel — Shares of the chipmaker popped 9.6% Friday, a working day right after Intel documented 3rd-quarter success that topped analysts’ expectations. Intel also gave potent steerage for the latest quarter, and CEO Pat Gelsinger reported the corporation ideas to reduce costs by […]
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CNBC Each day Open: Is difficulties on the horizon?
Powerful shopper spending in spite of increased curiosity costs and stubbornly large inflation buoyed the U.S. financial state in the third quarter. But will it last? Resource
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Stock futures tick greater following the Nasdaq declines further more into correction territory: Are living updates
Traders operate on the ground at the New York Stock Trade (NYSE) in New York City, U.S., Oct 26, 2023. Brendan Mcdermid | Reuters U.S. stock futures inched bigger on Thursday night time following the Nasdaq Composite slipped even further into correction territory. Nasdaq 100 futures climbed .5%. Futures tied to the S&P 500 innovative […]
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Chipotle Mexican Grill easily tops earnings estimates, as price hikes help to offset higher food prices
Food is served at a Chipotle restaurant on in Chicago, Illinois. Scott Olson | Getty Images Chipotle Mexican Grill on Thursday reported quarterly earnings that beat expectations, helped by higher menu prices for its burritos and bowls. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts […]
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McDonald’s tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich’s book
Ron Shaich, founder and then-CEO of Panera Bread, in December 2017. Scott Mlyn | CNBC Panera Bread founder Ron Shaich uses his new book, “Know What Matters,” to impart lessons learned from his decades in the restaurant business — and reveals some juicy details in the process. Shaich’s book charts his entrepreneurial journey, starting with […]
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Goldman’s playbook for 5% 10-12 months yield. These strong balance sheet shares are winners
Buyers ought to concentrate on stocks with sturdy equilibrium sheets as these providers are likely to be additional resilient towards high desire charges, according to Goldman Sachs. “Amid larger fees, we hope investors will continue to emphasis on stability sheet toughness and avoid providers that are most vulnerable to amplified borrow fees,” David Kostin, Goldman’s […]
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Chipotle plans price increases after pausing hikes this year
Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters Chipotle Mexican Grill is planning to raise prices again. “For the first time in over a year, we will be taking a modest price increase to offset inflation,” Chipotle Chief Corporate Affairs Officer Laurie […]
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Chipotle tests automation for burrito bowls and salads
A finished burrito bowl assembled by Chipotle and Hyphen’s automation technology. Source: Chipotle Mexican Grill Chipotle Mexican Grill is testing whether automation can make customers’ burrito bowls and salads. It’s the second time the burrito chain has publicly announced testing automation at its innovation center. Chippy, Chipotle’s first foray into automation, is a robot that […]
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A fight between fast-food chains and unions in California is over, for now – what to know
Flags are flown at a car caravan and rally of fast food workers and supporters for passage of AB 257, a fast-food worker health and safety bill, on April 16, 2021 in the Boyle Heights neighborhood of Los Angeles, California. Mario Tama | Getty Images Fast-food workers in California are set to receive pay hikes […]
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