A customer enters a Home Depot store on August 16, 2022 in San Rafael, California. Justin Sullivan | Getty Images Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly e...
Tag: Chipotle Mexican Grill Inc
Chipotle to launch spinoff Farmesa in ghost kitchen
Chipotle Mexican Grill is launching a new spinoff, called Farmesa Fresh Eatery, in a California ghost kitchen. It’s the latest attempt by the burrito chain to branch out into new cuisines. Its p...
McDonald’s, Taco Bell owner Yum rule amid high inflation
A girl waiting in line to pick up an order at a McDonald’s restaurant. Oleksii Chumachenko | SOPA Images | Lightrocket | Getty Images Fast-food chains are looking like the big winners in the fou...
CVS, FTNT, LUMN and GOOGL
Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading Wednesday: Lumen Technologies — Shares fell 22.5% after the cloud network data company reported ...
Uber, Chipotle, Microsoft and more
Check out the companies making headlines in premarket trading. Uber said it is “currently responding to a cybersecurity incident” after reports that a hacker compromised its systems. Rafae...
Chipotle Mexican Grill (CMG) earnings Q4 2022
A Chipotle restaurant and signage is seen on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday reported weaker-than-expected quarterly earnings and reven...
Stocks moving big after hours: CMG, ENPH, FTNT
A Chipotle restaurant in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Check out the companies making headlines after hours. Chipotle Mexican Grill — Shares fell more than 4% in extend...
Mediterranean chain Cava confidentially files for IPO
A logo outside of a Cava restaurant location in Chantilly, Virginia. Kristoffer Tripplaar | Sipa USA | AP Mediterranean chain Cava announced Monday that it has confidentially filed for an initial publ...
Sell some shares in this bull market
CNBC’s Jim Cramer on Friday advised investors to ring the register on some of their positions to take advantage of the bull market. “I don’t know if we can continue this week’...
Subway sandwich sales climb amid turnaround, potential sale talks
An employee halves a Subway sandwich at a Subway restaurant on January 12, 2023 in Austin, Texas. Brandon Bell | Getty Images Subway said its same-store sales climbed 9.2% in 2022, signaling the sandw...
Chipotle hiring 15,000 restaurant workers ahead of busy spring months
A “Now Hiring” sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images Chipotle Mexican Grill is seeking to hire 15,000 re...
Restaurant chains are investing in robots, bringing change for workers
A White Castle team member next to Miso Robotics’ Flippy. Courtesy: Miso Robotics Chipotle Mexican Grill is testing whether a robot can make tortilla chips in stores. Sweetgreen plans to automat...
McDonald’s hopes discounts, contests boost mobile sales
Sopa Images | Lightrocket | Getty Images Last holiday season, McDonald’s leaned on singer Mariah Carey’s starpower and discounts to drive customers to their mobile app. This year, the Chic...
Jim Cramer says he likes these 3 restaurant stocks
CNBC’s Jim Cramer on Thursday offered investors a list of his favorite stocks in the restaurant industry that he believes will do well as the economy eventually stabilizes. “Maybe the econ...
Starbucks union to strike at more than 100 locations on Red Cup Day
Starbucks official reusable red cup, left, and red cup from Starbucks Workers United. Source: Starbucks; Starbucks Workers United Workers at more than 100 unionized Starbucks locations plan to strike ...
Sweetgreen (SG) Q3 2022 earnings miss estimates, stock tumbles
A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen fell 10% in afte...
Sweetgreen tries national dessert — a version of Rice Krispies Treat
Sweetgreen Crispy Rice Treat Source: Sweetgreen Sweetgreen is launching its take on Rice Krispies Treats, its first dessert since 2014. The Crispy Rice Treat is available nationwide starting Monday fo...
Harley-Davidson, Visa, Microsoft, Biogen and more
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making headlin...
Chipotle Mexican Grill (CMG) Q3 2022 earnings
Chipotle Mexican Grill on Tuesday reported quarterly earnings that topped analysts’ expectations on the strength of its latest round of menu price hikes. CEO Brian Niccol said the company saw &#...
Alphabet, Microsoft, Texas Instruments and more
The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines after hours. Alphabet — Th...
Unions could face obstacle in 2023 if economy falls into recession
Hannah Whitbeck (C) of Ann Arbor, Michigan, speaks as Alydia Claypool (L) of Overland Park, Kansas, and Michael Vestigo (R) of Kansas City, Kansas, all of whom say they were fired by Starbucks, listen...
Chipotle Mexican Grill will test robotic tortilla chip maker
Chipotle is testing out an autonomous kitchen assistant, Chippy, which offers a robotic solution for making chips in restaurants. Courtesy: Chipotle Chipotle Mexican Grill is moving one step closer to...
Bill Ackman says stocks will soon be a ‘buy’ now that the Fed is ‘doing what it has to do’ to fight inflation
“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionair...
Chipotle Mexican Grill tests spicy chicken al pastor in two markets
Chipotle Mexican Grill is testing Chicken Al Pastor Source: Chipotle Mexican Grill Chipotle Mexican Grill is cranking up the heat on its grilled chicken. The restaurant chain said Tuesday it’s t...
Chipotle restaurant in Michigan votes to unionize, in a first for the chain
A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images A Chipotle Mexican Grill restaurant in Lansing, Michig...
People aren’t cutting back on tips even as inflation surges
Chef Alessandro Pirozzi, from Alessa by Chef Pirozzi, talks to customers at an outside table at the Promenade on Forest in Laguna Beach, CA on Wednesday, January 13, 2021. Paul Bersebach | MediaNews G...
Chipotle would rather be loved by customers than feared by competitors
People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill has evolved into one of the most popular restaurant chains in the U.S., some...
Sweetgreen (SG) Q2 2022 earnings meet estimates
A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen plunged more tha...
Chipotle to pay $20 million to NYC workers as part of settlement
Chipotle restaurant in New York City Scott Mlyn | CNBC New York City Mayor Eric Adams and city officials announced Tuesday that Chipotle has agreed pay about $20 million to roughly 13,000 workers for ...