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Investing.com1d 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 Press1d 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 Video1d 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:

Bloomberg1d 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 Video3d 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 Video3d 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.

Why Chipotle (CMG) Stock Is Trading Up Today
StockStory6d agoneutral
Why Chipotle (CMG) Stock Is Trading Up Today

Shares of mexican fast-food chain Chipotle (NYSE:CMG) jumped 12.7% in the afternoon session after the company reported second-quarter results that beat Wall Street's profit expectations. The fast-casual chain posted adjusted earnings of $0.33 per share, narrowly beating the consensus estimate of $0.32. Revenue grew 9.3% year on year to $3.35 billion, which was in line with analyst forecasts. A key highlight for investors was the 2.2% increase in same-store sales, an acceleration from the company

Carvana Sinks on Forecast; Chipotle Raises Guidance | Stock Movers
Bloomberg7d agoneutralVIDEO
Carvana Sinks on Forecast; Chipotle Raises Guidance | Stock Movers

On this episode of Stock Movers: - Carvana (CVNA) is sinking after the online car retailer gave an annual adjusted Ebitda forecast with a midpoint below analyst estimates. - Chipotle (CMG) and Starbucks (SBUX) raised their guidance after stronger-than-expected quarters, with sales bolstered by new menu items and revamped loyalty programs. - Crocs (CROX) shares are sinking after a soft outlook for this quarter pointed to a weak second half, pushing some investors to sell following a big rally in the company's shares this year.

Chipotle’s Operational Reset is Driving Clear Results
QSR7d agoneutral
Chipotle’s Operational Reset is Driving Clear Results

Chipotle first revealed its Recipe for Growth turnaround plan in February, and the impact has been swift. After exceeding expectations in Q1 with positive same-store sales and transactions, the fast casual did the same in the second quarter, with comps rising 2.2 percent and transactions increasing 1 percent. It was Chipotle’s best same-store sales performance […]

Diners Return To Chipotle, Giving Earnings And Stock A Lift
Benzinga7d agoneutral
Diners Return To Chipotle, Giving Earnings And Stock A Lift

Chipotle Mexican Grill Inc. (NYSE:CMG) stock rose in premarket trading Thursday after the restaurant chain reported second-quarter results that topped Wall Street estimates, driven by higher comparable sales and increased customer traffic. Earnings Beat Estimates Adjusted earnings were 33 cents per share, topping the analyst consensus estimate of 32 cents, according to Benzinga Pro. Revenue increased 9.3% year over year to $3.35 billion, ahead of the consensus estimate of $3.33 billion. Comparab

Chipotle Mexican Grill Q2 Earnings Call Highlights
MarketBeat7d agoneutral
Chipotle Mexican Grill Q2 Earnings Call Highlights

Chipotle Mexican Grill (NYSE:CMG) reported second-quarter revenue growth of 9.3% to $3.3 billion, supported by a 2.2% increase in comparable restaurant sales and a 1% increase in comparable transactions. The company said its “Recipe for Growth” strategy, including menu innovation, restaurant executi

Allspring on Chipotle, Starbucks Earnings
Bloomberg7d agoneutralVIDEO
Allspring on Chipotle, Starbucks Earnings

Abby Roach, Allspring Global Investments Senior Portfolio Analyst, reacts to earnings from Starbucks and Chipotle as the companies focus on the consumer experience in challenging times. She speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'

Chipotle Raises Outlook, but Says Cyclospora Hurt July Sales
The Wall Street Journal7d agoneutral
Chipotle Raises Outlook, but Says Cyclospora Hurt July Sales

Chipotle says cyclospora didn’t directly impact its lettuce, but the parasitic outbreak has still taken a bite out of its sales. The decline in sales was modest, Chief Executive Scott Boatwright said. Federal health officials have linked one outbreak of cyclospora-related illnesses to shredded iceberg lettuce that U.S. produce giant Taylor Farms sourced from Mexico.