Markets

Chipotle hits a record high after finally overcoming its food-safety woes

Chipotle hit a record high Monday morning, reaching $US759 per share. The new high represents a recovery from the restaurant company’s string of food-illness issues that began in 2015. The success comes after naming Brian Niccol as its new CEO in early 2018 and overhauling its rewards program, pushing into […]
Chipotle hits a record high after finally overcoming its food-safety woes
Markets

Chipotle’s potential breakfast push could be a costly mistake

Chipotle recently detailed new performance-based financial targets, which it hopes to reach by driving same-store sales and improving margins in the next three years. The chain’s new CEO Brian Niccol could push to expand its menu, including adding breakfast options, to spur a turnaround. Though Chipotle has not made any […]
Chipotle’s potential breakfast push could be a costly mistake
Markets

BERNSTEIN: These 2 fast-food companies are being overlooked by Wall Street

Chipotle and Yum Brands are undervalued, according to a Bernstein analyst. Using a not-so-common valuation metric that measures the enterprise value of a company against its projected growth, Bernstein found that Chipotle and Yum Brands were attractive bargains. Watch Chipotle’s and Yum Brands’ stock prices move in real time. While […]
BERNSTEIN: These 2 fast-food companies are being overlooked by Wall Street
News

Taco Bell’s CEO is taking over Chipotle — and people are freaking out over the ‘staggering’ pick that seems to violate the burrito chain’s values

Chipotle announced on Tuesday that it had tapped Taco Bell’s CEO Brian Niccol to lead the struggling burrito chain. While Chipotle has long emphasised its commitment to “food with integrity,” Taco Bell is better known for its absurd rotation of menu items. The “staggering” pick raised some eyebrows – but […]
Taco Bell’s CEO is taking over Chipotle  —  and people are freaking out over the ‘staggering’ pick that seems to violate the burrito chain’s values