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Chipotle posted a restaurant-level operating margin of 25.5% last quarter, down from 26.3% a year ago. Overall, Chipotle posted a mixed third quarter print after a string of winning quarters.
Earnings estimate breakdown. Here's what Chipotle posted for its fourth quarter results, compared to Bloomberg consensus estimates: Adjusted earnings per share: $0.25 versus $0.25 Revenue: $2.85 ...
After the new minimum wage of $20 an hour went into effect on April 1, Chipotle raised prices 7% in the state, executives said in investor calls earlier this year.
The market's reaction to the news could not be more different for the two companies' share prices. Starbucks' stock jumped nearly 22% in a day while shares of Chipotle fell more than 12%.
Chipotle stock fell early on Wednesday as investors digested third quarter results that missed Wall Street's sales estimates after a string of winning quarters.The burrito chain reported $2.78 ...
Chipotle is raising its U.S. prices to offset inflation and to compensate for a promise to increase portion sizes. Chipotle’s chief corporate affairs officer, Laurie Schalow, confirmed Friday ...
Though the company's human employees will still have to mash the fruit by hand, the technology could spare them a fair amount of toil, as Chipotle expects to use roughly 5.2 million cases of ...
The latest development could draw further scrutiny to Chipotle's labor practices and exiting CEO Brian Niccol, who is leaving the post to take the helm at Starbucks in September.