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Inflation Hasn’t Disappeared, Yet Chipotle (CMG) Raised Guidance
Insider Monkey19h 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. […]

Bloomberg2d 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.4d 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.

Portillo’s 2Q Revenue Climbs, Teases New Long-Term Growth Strategy
Exec Edge6d agobullish
Portillo’s 2Q Revenue Climbs, Teases New Long-Term Growth Strategy

By Karen Roman Portillo’s Inc. (Nasdaq: PTLO) said second quarter total revenue was $199 million, increasing 5.6% from the year prior. Net income was $7.2 million, a decrease of $2.9 million against the same period last year, and adjusted EBITDA was $29.8 million, down $0.2 million, it stated. The company opened its first-ever airport location […] The post Portillo’s 2Q Revenue Climbs, Teases New Long-Term Growth Strategy appeared first on ExecEdge.

Chipotle (CMG) Pulls Jalapeños After Minnesota Salmonella Outbreak】【。
Simply Wall St.6d 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.6d 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.6d 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.com6d 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 Press6d 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 Video7d 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:

Chipotle stock plunges due to salmonella concerns: AlphaSpace check
Yahoo Finance Video7d agobearishVIDEO
Chipotle stock plunges due to salmonella concerns: AlphaSpace check

Yahoo Finance Senior Reporter Brooke DiPalma and Market Domination host Josh Lipton take a closer look at one of Tuesday's trending stories: Chipotle (CMG) pulling its jalapeños due to salmonella concerns. Watch the video above to learn more. Yahoo Finance's AlphaSpace is a premium investment platform that combines data, charting, news, analysis, and more to help retail investors understand markets.