Chipotle executives have sworn up and down that the restaurant chain doesn’t have a portion problem, but an analysis by Wells Fargo begs to differ. To finally “put the ‘weight debate’ to rest,” Wells Fargo analyst Zachary Fadem and his team bought and weighed 75 burrito bowls, they wrote in a note this week. The […]
Chipotle (CMG) has been winning over investors, with shares up nearly 40% year to date against a difficult restaurant landscape as consumers pull back due to higher prices. One analyst thinks there are more levers the fast-casual restaurant could pull to keep the flame burning long-term. Chipotle ramping up its operating hours is one lever, […]
Chipotle Mexican Grill (CMG) reported stronger-than-expected first-quarter earnings. CMG stock rose modestly overnight, signaling an early entry and near an official buy point. X Chipotle earnings jumped 27% to $13.37 a share. That easily topped FactSet consensus of $11.81 a share. That’s the second straight quarter of accelerating growth. Sales grew nearly 14% to $2.684 […]
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A restaurant in San Francisco’s Mission District is catching attention online after recently bumping the price of its signature burrito from $11 to $22. The owner of La Vaca Birria says it’s not an attempt to make more money, but an attempt to continue to break even as prices for everything rise. When you walk […]