Chipotle Mexican Grill Inc.

Starbucks union to strike at more than 100 locations on Red Cup Day

Starbucks official reusable red cup, left, and red cup from Starbucks Workers United. Source: Starbucks; Starbucks Workers United Workers at more than 100 unionized Starbucks locations plan to strike on Thursday, one of the chain’s biggest sales days of the year. To celebrate the holiday season, Starbucks every year gives away reusable red cups bearing …

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Sweetgreen (SG) Q3 2022 earnings miss estimates, stock tumbles

A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of sweetgreen fell 10% in after-hours trading on Tuesday after the salad chain reported a wider-than-expected loss and lowered its full-year revenue outlook. For 2022, the company now anticipates its …

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Sweetgreen tries national dessert — a version of Rice Krispies Treat

Sweetgreen Crispy Rice Treat Source: Sweetgreen sweetgreen is launching its take on Rice Krispies Treats, its first dessert since 2014. The Crispy Rice Treat is available nationwide starting Monday for $2.95. The prepackaged dessert is made with organic brown rice, quinoa, millet and honey-date caramel. It has190 calories and 6 grams of sugar. Sweetgreen co-founder …

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Chipotle Mexican Grill (CMG) Q3 2022 earnings

Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters Chipotle Mexican Grill on Tuesday reported quarterly earnings that topped analysts’ expectations as another round of price hikes hit its menus. CEO Brian Niccol said that the company saw “minimal resistance” to higher menu …

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Stocks jump for third straight day, Dow rises 200 points

Stocks rose for another session Tuesday, as investors assessed sliding yields and new data for further clues into the health of the US economy. Wall Street also awaited for earnings from key tech companies. The Dow Jones Industrial Average traded 287 points higher, or 0.9%, after briefly reaching more than 300 points up. The S&P …

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Unions could face obstacle in 2023 if economy falls into recession

Hannah Whitbeck (C) of Ann Arbor, Michigan, speaks as Alydia Claypool (L) of Overland Park, Kansas, and Michael Vestigo (R) of Kansas City, Kansas, all of whom say they were fired by Starbucks, listen during the ” Fight Starbucks’ Union Busting” rally and march in Seattle, Washington, on April 23, 2022. Jason Redmond | AFP …

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Chipotle Mexican Grill will test robotic tortilla chip maker

Chipotle is testing out an autonomous kitchen assistant, Chippy, which offers a robotic solution for making chips in restaurants. Courtesy: Chipotle Chipotle Mexican Grill is moving one step closer to having a robot make its tortilla chips. The burrito chain said Tuesday that it will test “Chippy,” an autonomous kitchen assistant made by Miso Robotics, …

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Bill Ackman says stocks will soon be a ‘buy’ now that the Fed is ‘doing what it has to do’ to fight inflation

“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionaire founder Bill Ackman shared some commentary about the markets and the US economy during a brief interview on CNBC’s “Squawk Box” Tuesday morning. …

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Chipotle Mexican Grill tests spicy chicken al pastor in two markets

Chipotle Mexican Grill is testing Chicken Al Pastor Source: Chipotle Mexican Grill Chipotle Mexican Grill is cranking up the heat on its grilled chicken. The restaurant chain said Tuesday it’s testing a new chicken al pastor menu item in 94 restaurants across the Denver and Indianapolis regions. The al pastor option is spicier than Chipotle’s …

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Nvidia, Sunrun, Verizon, Bed Bath & Beyond

Here are Thursday’s biggest calls on Wall Street: Baird reiterates Zoom as outperform Baird said Zoom earnings should be “solid” when the teleconferencing company reports quarterly results next week. “We expect solid FQ2 results, though the investor focus will be on the 2H outlook, and whether total growth can still reaccelerate exiting the year in …

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