Hints and tips:
...US-listed Mexican eatery Chipotle plans a whopping 50-for-1 split. Japan racked up nearly 200 in the past fiscal year, a record....
...Chipotle Mexican Grill, best known for its burritos and tacos, has thus far shown the ability to pass higher costs on to customers....
...Once the preserve of the meat chef, today’s grills are ubiquitous and highly flexible, capable of cooking fish and vegetables, and extremely adept at breads and pizza....
...Thanks to his overgenerous board, the chief executive of Chipotle Mexican Grill will be paid as though March, April, and May of 2020 never happened....
...He predicts a permanent change to a more flexible workforce, in which, say, Mexican factory workers are able to use their newly acquired technical skills, and office-workers can be more easily redeployed...
...Chipotle Mexican Grill bumped up its expectations for full-year sales after the company’s first-quarter results outpaced forecasts, aided by online orders that doubled....
...Chipotle Mexican Grill handily beat expectations for quarterly sales and earnings amid a surge in digital orders, heating up shares late Wednesday....
...Mr Niccol has laid out an ambitious plan to put the sizzle back into Chipotle sales — including efforts to become more “culturally relevant”, building up digital offerings and forging deeper ties to customers...
...Chipotle shares dropped more than 3 per cent in after-hours trading....
...Order up at Chipotle....
...However, Mr Bernstein warned “execution will prove more difficult” and that the plans appear to be “more evolution than revolution”....
...Chipotle’s quarterly profit more than doubled from a year ago after the fast-casual burrito chain reaped the benefits of higher menu prices and recently enacted US tax reform....
...As investors digested its latest batch of quarterly earnings, the fast-casual Mexican chain’s shares are down more than 10 per cent on Wednesday after worries about soggy traffic trends and its ongoing search...
...That led to speculation about who would get the nod, and how much free rein they would have to pursue their plans for spicing up Chipotle sales....
...Chipotle Mexican Grill was a sharp faller after reporting a slow start to 2018....
...Our leadership remains focused on setting the foundation for future growth, and we are confident in our teams’ ability to deliver against those plans....
...Back in 2014 the prevailing wisdom was that McDonald’s was being dethroned by new rivals such as Chipotle Mexican Grill, in a sector dubbed “fast casual”....
...“Norovirus does not come from our food supply, and it is safe to eat at Chipotle. We plan to reopen the restaurant today,” Mr Marsden said....
...The company, whose shares have fallen 22.5 per cent over the past 12 months, said it is still looking for comparable restaurant sales growth in the high single digits and plans to open between 195 and 210...
...From a year ago, Chipotle’s shares have fallen more than 32 per cent, closing on Monday at $382.48....
...Pershing Square Capital Management, the hedge fund run by billionaire investor Bill Ackman, on Tuesday unveiled a stake in Chipotle and said it plans to pursue talks with the US burrito chain....
...Chipotle shares suffered a blow on Wednesday after the Mexican fast-food restaurant said a Massachusetts restaurant was temporarily closed after it learnt that four of its employees had fallen sick....
...Steve Ells, Chipotle’s founder and co-chief executive, built his Mexican burrito chain into a company with a $14.4bn market value under the banner “food with integrity”, as he pursued the use of humanely...
...Chipotle Mexican Grill, the US restaurant chain that has built a $4bn-a-year empire on burritos and guacamole, is facing a crisis that has struck at its core: a string of food-safety scares that have hit...
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