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...Restaurant chains such as KFC owner Yum Brands and Chipotle have touted AI-powered technology to improve the efficiency of ingredient orders or help making tortilla chips....
...Chipotle earned $11.36 in adjusted earnings per share on $2.5bn in revenue, beating Wall Street expectations. The company also improved its operating margins....
...He said Chipotle has not yet seen a material impact from the increasing use of the drugs....
...Share moves to note for US-listed stocks include Chipotle, Signet Jewelers and Super Micro Computer: Shares of fast casual restaurant chain Chipotle advanced 3.4 per cent after the board approved a 50 to...
...Brian Niccol, chief executive, told analysts Chipotle was seeing inflationary pressures as avocado prices bounced back from “very favourable” levels....
...Amgen, Gilead Sciences, Chipotle, Ford and Snap are reporting after the bell. Fedspeak: Cleveland Fed president Loretta Mester will deliver a speech at the Ohio Bankers League economic summit....
...Restaurant chain Chipotle surged 9 per cent after its earnings results released on Tuesday afternoon beat Wall Street expectations....
...Chipotle said it accepts digital payments including with crypto through Flexa-enabled apps....
...Chipotle said lower avocado prices helped offset inflation across several other food costs and wages. Shares leapt 5.3 per cent in after-hours trading....
...Chipotle Mexican Grill said it expects stronger sales growth than Wall Street estimates, as the fast casual restaurant chain reported another quarter of forecast-beating results....
...Intel, Chipotle and Ford report after the market closes....
...Chipotle shares were down almost 4 per cent in after-hours trading on Tuesday....
...Chipotle, for example, generated nearly $1bn of adjusted net income in 2022 on sales of nearly $9bn....
...Comparable restaurant sales, an important industry metric, rose 5.6 per cent in Chipotle’s fourth quarter....
...Amgen, Gilead Sciences, Chipotle, Ford and Snap are reporting after the bell. Monetary policy: Cleveland Fed president Loretta Mester will deliver a speech at the Ohio Bankers League economic summit....
...Barbie maker Mattel, casual dining chain Chipotle and ecommerce platform eBay will report after the market closes....
...Since then, the chain has struggled against more recent rivals such as Panera Bread, Potbelly and Chipotle Mexican Grill....
...Share moves to note on the New York Stock Exchange include Chipotle Mexican Grill, Microsoft, and First Republic Bank: Shares of Chipotle Mexican Grill jumped 14.5 per cent after the company reported a...
...Chipotle has raised its menu prices three times in the past 17 months to offset rising operating costs....
...And dishes that borrow from other cultures such as Persian tahdig clay pots; chipotle mango sweet-and-sour pork; jerk chow mein and mapo paneer....
...Other earnings: McDonald’s and PepsiCo will report before Wall Street’s opening bell, while food and beverage peer Chipotle Mexican Grill reports in the afternoon....
...Chief executive Brian Niccol told analysts Chipotle would raise prices by another 4 per cent in August to reflect inflation in the costs of tortillas, dairy and packaging....
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