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'Deathly Ill' Chipotle Customer Is Hurting The Stock Yet Again
Thursday, July 7, 2016 - 11:02am | 311Chipotle Mexican Grill, Inc. (NYSE: CMG)'s stock has tumbled nearly 40 percent over the past year and the latest report of another illness linked to its restaurants is likely to put additional pressure on the stock. Author Eric Van Lustbader, best known for continuing the "Jason Borne" franchise...
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ICYMI: Here's What Happened At Chipotle's Food Safety Meeting
Tuesday, February 9, 2016 - 11:21am | 298Chipotle Mexican Grill, Inc. (NYSE: CMG) ceased all of its operations on Monday for 4 hours as more than 50,000 employees took place in a "virtual" town hall meeting. The meeting was announced in mid-January and follows a strong of E. coli outbreaks that have been confirmed and linked to Chipotle's...
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Analysts Sharply Divided On Chipotle After Earnings
Wednesday, February 3, 2016 - 5:55pm | 774Investors were bracing for a hit on Tuesday as Chipotle Mexican Grill, Inc. (NYSE: CMG) reported its fourth-quarter and fiscal year 2015 results in the wake of a pair of health scandals in the latter half of 2015. The company is planning a marketing blitz to start the first week of February to...
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Chipotle Stock Unaffected By Company-Wide Closure February 8
Friday, January 15, 2016 - 12:16pm | 148Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were trading higher by 0.3 percent at $456.32 late Friday morning after the company made a somewhat surprising and perhaps unusual announcement. According to Time, Chipotle Mexican Grill is planning on closing all of its stores for a few hours...
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Chipotle Hits New 52-Week Low During Turbulent Session
Wednesday, January 6, 2016 - 1:37pm | 220Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) lost more than 4 percent on Wednesday and established a new 52-week low of $428.75 shortly after 12:00 p.m. ET. Chipotle's stock is now lower by more than 12 percent over the past five trading sessions, lower by 23 percent over the past...
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Chipotle Shares Fall Further Following Updated Outlook, Receipt Of Grand Jury Subpoena
Wednesday, January 6, 2016 - 10:02am | 325Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) fell more than 6 percent early Wednesday morning after the company released an 8-K filing. Chipotle offered an update to its fourth quarter outlook, including: 1) comparable restaurant sales to be -14.6 percent, 2) non-recurring expenses to be...
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This Restaurant ETF Has Endured Chipotle's Slump
Wednesday, December 23, 2015 - 2:51pm | 892Chipotle Mexican Grill Inc.'s (NYSE: CMG) fall from grace at the hands of a worsening E. coli scare has been staggering. In October, shares of Chipotle spent some time trading north of $750. On Tuesday, the stock closed at $494.61. That precipitous slide for Chipotle has been a bit...
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Taco Bell Proves Chipotle Can Overcome E. Coli Outbreak
Monday, December 7, 2015 - 12:02pm | 564Chipotle Mexican Grill, Inc. (NYSE: CMG) shares continue to tumble following an E. coli outbreak. The company now blames the outbreak for its first projected quarterly same-store sales decline in its public history. Taco Bell had a similar outbreak back in 2006, and the long-term impact...
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Short-Term Chipotle Investors Lose From E. Coli Outbreak; Is Your Portfolio At Risk?
Monday, November 2, 2015 - 10:33am | 428Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were trading lower by more than 5 percent before Monday's opening bell. The company announced on Sunday that all of its restaurants in Seattle and Portland have been closed due to a reported E. coli outbreak. The company added that...
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What Everyone Is Saying About Chipotle After The Earnings Crash
Wednesday, October 21, 2015 - 11:45am | 894Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged more than 7 percent after Wednesday's opening bell. Chipotle reported its third-quarter results on Tuesday. The company earned $4.59 per share, short of the $4.63 analysts were expecting; forward looking guidance also fell short of...
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Chipotle, Yahoo Headline Post-Bell Earnings
Tuesday, October 20, 2015 - 3:21pm | 893Chipotle Mexican Grill, Inc. (NYSE: CMG), one of many restaurant and food service stocks facing a pork shortage in Q3, could report leaner sales growth when the restaurant chain reports results after the market closes Tuesday. Why so painful? Carnitas are the chain’s most popular, and a...
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Consumers Rejoice As Chipotle Confirms Return Of Carnitas
Friday, May 29, 2015 - 3:52pm | 284Chipotle Mexican Grill, Inc. (NYSE: CMG) loyalists could breathe a sigh of relief as Brian Sozzi of Belus Capital Advisors confirmed the company could be a few short months away from re-introducing carnitas to its menu. In an article on The Street, Sozzi quoted Chris Arnold, a Chipotle...
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Southern Concepts CEO Mitch Roth On Why Investing In Fast Casual Makes Sense
Saturday, May 16, 2015 - 9:28am | 1375With some reports indicating fast casual growth is slowing down, investors are left to wonder whether the once hot sector has suddenly become lukewarm. Southern Concepts Restaurant Group (OTC: RIBS) CEO, Mitch Roth told Benzinga why he thinks fast casual in general and his company’s...
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Why Chipotle's Burrito Is Half Full
Wednesday, April 15, 2015 - 11:17am | 245Analysts at Oppenheimer have an Outperform rating and $775 price target on Chipotle Mexican Grill, Inc. (NYSE: CMG) heading into next week's earnings report. The analysts noted that with the stock down 7 percent since the start of February and the market tempered, now is the time to be...
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How 5 Fast Food Companies Let You Order Ahead With An App
Wednesday, October 22, 2014 - 4:48pm | 760As fast as fast food can be, companies and customers want it faster. Many restaurants boast quick service, but also long lines at rush hour times. To combat this, several companies have started to offer customers the ability to order and even pay ahead through an app so they don't have to...