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Inflation Hasn’t Disappeared, Yet Chipotle (CMG) Raised Guidance
Insider Monkey2d agoneutral
Inflation Hasn’t Disappeared, Yet Chipotle (CMG) Raised Guidance

According to the latest economic reading, America’s GDP growth slowed to 1.5% in Q2 from 2.1% in Q1. Meanwhile, headline PCE inflation remained elevated at 3.7% year over year in June, while core PCE inflation stood at 3.3%. Although America’s consumer spending ticked up a little in Q2, it came at the expense of savings. […]

Bloomberg3d agoneutral
Taylor Farms Pulls Salsa and Guacamole Over Salmonella Concerns

(Bloomberg) -- Taylor Farms is pulling more than a dozen prepared food items containing jalapeños, including salsas and guacamole, from retailers due to concerns over salmonella, just weeks after federal health officials tied the produce company to a separate outbreak of cyclospora.Most Read from BloombergTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Rejects US Talks as Trump Displays Patience for Hormuz DealIran Says Hormuz Deal Close But Its Conditions Must Be MetOpenAI’

MCD Stock Forecast: Here’s Where It’ll End The Year
24/7 Wall St.5d agoneutral
MCD Stock Forecast: Here’s Where It’ll End The Year

McDonald's has lost ground all year, and the bear case carries real teeth, but a combination of loyalty scale, a new U.S. president, and a beverage platform rolling out ahead of plan may tell a different story by December.

Chipotle (CMG) Pulls Jalapeños After Minnesota Salmonella Outbreak】【。
Simply Wall St.7d agoneutral
Chipotle (CMG) Pulls Jalapeños After Minnesota Salmonella Outbreak】【。

Chipotle Mexican Grill removed jalapeño peppers from Minnesota locations after a Salmonella outbreak linked to its restaurants. The company is working with health authorities and has shifted to an alternative supplier for jalapeños. The incident raises fresh questions around food safety practices and potential operational disruption for NYSE:CMG. Chipotle Mexican Grill, trading on the NYSE as NYSE:CMG, is again in the spotlight after the Salmonella outbreak tied to jalapeño peppers in...

Is Chipotle a Buy, Sell, or Hold After 2 Years of Volatility?
24/7 Wall St.7d agoneutral
Is Chipotle a Buy, Sell, or Hold After 2 Years of Volatility?

Chipotle's share price has swung wildly for two years, and now management is buying back stock aggressively near current levels while Wall Street eyes a 27% upside. The real question is whether the operational recovery has enough traction to survive margin pressure, a fragile consumer, and fresh food safety concerns.

The Poor Are Spending Less At McDonald’s
24/7 Wall St.7d agoneutral
The Poor Are Spending Less At McDonald’s

Fast-food giants built their empires on budget-conscious customers, but a troubling shift in spending habits is forcing McDonald's to rethink who actually shows up at the counter.

Investing.com7d agoneutral
Chipotle gains 3.5% as Minnesota health officials clear chain in outbreak

Investing.com -- Chipotle Mexican Grill (NYSE: CMG) is signaling a 3.5% pre-market rebound ahead of Wednesday’s open after Minnesota health officials confirmed they have no ongoing concerns with the chain. The official clearance offers the clearest exoneration yet following Tuesday’s 9.72% plunge — the stock’s steepest single-day drop in nine months. The recovery stems from an August 5 SEC filing in which Chipotle revealed that the Minnesota Department of Health (MDH) had completely cleared it o

Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits
Associated Press8d agoneutral
Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits

Asian shares surged and oil prices slipped Wednesday after the U.S. stock market rallied to records, helped by strong corporate earnings reports and hopes for a deal setting the stage for talks that might eventually lead to an end to the war in Iran. Japan's Nikkei 225 gained 3.3% to 66,068.24, with chipmaker Kioxia surging 6.3% while chip testing equipment maker Advantest soared 6.9%. Tech giant Samsung Electronics advanced 4.1%.

Caption: Chipotle is removing jalapeños from its menu in Minnesota after potentially being linked to the Salmonella outbreak, according to reports. 🌶️

The stock dipped nearly 9% following the news on Tuesday.

Explore more premium news and analysis on Chipotle in AlphaSpace:
Yahoo Finance Video8d agoneutralVIDEO
Caption: Chipotle is removing jalapeños from its menu in Minnesota after potentially being linked to the Salmonella outbreak, according to reports. 🌶️ The stock dipped nearly 9% following the news on Tuesday. Explore more premium news and analysis on Chipotle in AlphaSpace:

Caption: Chipotle is removing jalapeños from its menu in Minnesota after potentially being linked to the Salmonella outbreak, according to reports. 🌶️ The stock dipped nearly 9% following the news on Tuesday. Explore more premium news and analysis on Chipotle in AlphaSpace:

Bloomberg8d agoneutral
Chipotle Pulled Jalapeños Tied to Minnesota Salmonella Cases

(Bloomberg) -- Chipotle Mexican Grill Inc. removed jalapeños from multiple stores in Minnesota after learning the peppers may be linked to a salmonella outbreak in the state that’s sickened 110 people.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamQatar, Bessent Signal Progres

Earnings: Beef prices weigh on Tyson Foods, McDonald's Q2 results on deck
Yahoo Finance Video9d agoneutralVIDEO
Earnings: Beef prices weigh on Tyson Foods, McDonald's Q2 results on deck

Enjoy your earnings season with a juicy side as Tyson Foods (TSN) cuts its annual profit outlook as rising beef prices weigh on US consumers. Yahoo Finance Senior Reporter Brooke DiPalma examines Tyson's fiscal third quarter earnings, how the beef shortage is impacting its consumer base, and takes a closer look at what to expect from McDonald's (MCD) own earnings.

Earnings: Beef prices weigh on Tyson Foods, McDonald's Q2 results on deck
Yahoo Finance Video9d agoneutralVIDEO
Earnings: Beef prices weigh on Tyson Foods, McDonald's Q2 results on deck

Enjoy your earnings season with a juicy side as Tyson Foods (TSN) cuts its annual profit outlook as rising beef prices weigh on US consumers. Yahoo Finance Senior Reporter Brooke DiPalma examines Tyson's fiscal third quarter earnings, how the beef shortage is impacting its consumer base, and takes a closer look at what to expect from McDonald's (MCD) own earnings.