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...US-listed Mexican eatery Chipotle plans a whopping 50-for-1 split. Japan racked up nearly 200 in the past fiscal year, a record....
...Since then, the chain has struggled against more recent rivals such as Panera Bread, Potbelly and Chipotle Mexican Grill....
...Specifically, will demand continue to keep pace with wages, which are a third of Chipotle’s costs? All of this gets more interesting in a recession, given Chipotle’s “affordable luxury” status....
...Chipotle Mexican Grill, best known for its burritos and tacos, has thus far shown the ability to pass higher costs on to customers....
...Chipotle Mexican Grill, the much-loved $41bn vendor of pulled-pork wraps and overpriced guacamole, reported its fourth-quarter and final-year results Tuesday evening. And, wouldn’t you know it?...
...The question is whether they spend that income on ordering extra guacamole at Chipotle, or another service....
...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....
...Just ask Chipotle Mexican Grill. The US burrito chain, which sells tasty food slathered in salsa and guacamole, just booked its best ever quarter for sales....
...*This story has been amended to clarify Caitlin Leibert’s job title as head of sustainability at Chipotle...
...US prosecutors have fined Chipotle Mexican Grill $25m after hundreds of customers who ate at the burrito chain fell sick, some with norovirus....
...Chipotle Mexican Grill bumped up its outlook for a key sales revenue metric, following forecast-beating revenue and adjusted earnings during the second quarter....
...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 shares fell on Thursday after the restaurant chain disclosed a new subpoena it received over the outbreak of a foodborne illness at one of its stores last year....
...Meanwhile shares in Chipotle Mexican Grill came under pressure after analysts at BMO Capital Markets issued the equivalent of a sell rating for the stock, warning that surging pork prices will eat into the...
...Chipotle Mexican Grill handily beat expectations for quarterly sales and earnings amid a surge in digital orders, heating up shares late Wednesday....
...Even with Monday’s decline, however, Chipotle’s stock is still up by more than 72 per cent for the year....
...Earlier this year, the company named Brian Niccol, the chief executive of Mexican fast-food chain Taco Bell, to replace founder Steve Ells as its new chief executive....
...Chipotle in February appointed Brian Niccol, who previously led Mexican food chain Taco Bell, as its new chief executive....
...Chipotle shares dropped more than 3 per cent in after-hours trading....
...The changes keep coming at Chipotle....
...Order up at Chipotle....
...The results are the first since February’s announcement that Mr Niccol, the one-time chief executive of Yum Brands’ Mexican fast-food chain Taco Bell, took over Chipotle’s top job, replacing founder Steve...
...Mr Niccol had previously led Yum Brands’ Taco Bell chain and was credited with reviving that Mexican fast-food chain’s popularity with millennials, thanks to clever marketing and new menu items....
...Mr Brandt will join Chipotle on April 2, reporting to Brian Niccol, the new chief executive who recently left Mexican fast-food chain Taco Bell to lead the company’s efforts to revive its fortunes....
...Chipotle shares are red-hot in after-hours trading after the fast-casual burrito chain named Brian Niccol, the chief executive of Mexican fast-food chain Taco Bell, to its top job....
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