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12.11.25 - 16:38
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Chipotle CEO on Expansion Despite Slowing Business in US (Bloomberg)
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2025 has been rough for Chipotle with the fast-casual chain cutting its outlook for the year 3 times. Rising costs and diners pulling back on eating out is hitting the bottom line but the Mexican food chain is expanding further in the Middle East and Asia. Scott Boatwright, Chipotle Mexican Grill CEO spoke to Bloomberg's Jennifer Zabasajja on Nov. 11 on Horizons Middle East and Africa ahead of the grand opening of their new store in Dubai's City Walk. (Source: Bloomberg)...
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03.11.25 - 21:00
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These 2 Blue Chips Took Massive Hits. Are Either Worth Picking Up? (24/7 Wall St.)
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With a big week of earnings just wrapped up, stock pickers might be feeling a bit of pain, even though the Nasdaq 100 is still just a hair shy of its all-time highs. Undoubtedly, it was a pretty choppy earnings season if you look underneath the hood, with the likes of Chipotle Mexican Grill (NASDAQ:CMG) ... These 2 Blue Chips Took Massive Hits. Are Either Worth Picking Up?
The post These 2 Blue Chips Took Massive Hits. Are Either Worth Picking Up? appeared first on 24/7 Wall St.....
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01.11.25 - 20:48
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Investor Faith In Chipotle (CMG) Falls 50% On Battered US Consumer Spending (24/7 Wall St.)
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Shares of Chipotle Mexican Grill (NYSE: CMG) collapsed over 20% on growing concerns about affordability and signs of a weakened US consumer. Things were already bad for the stock going into earnings, but the results combined with management's bluntly negative comments were the final blow. Today, nearly half the stock's value from its 52-week peak ... Investor Faith In Chipotle (CMG) Falls 50% On Battered US Consumer Spending
The post Investor Faith In Chipotle (CMG) Falls 50% On Battered US Consumer Spending appeared first on 24/7 Wall St.....
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