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Chipotle, ConAgra CEOs Explain How Digital Is Necessary To Win The Food Battles
Wednesday, February 24, 2021 - 1:55pm | 481The COVID-19 pandemic may have accelerated an ongoing trend in the food and restaurant business as companies need to meet customers where they want to be met: online. Digital A 'Key Piece To The Puzzle': Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) emphasized the...
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Chipotle's CEO On Digital Business, Potential Price Hikes, Growth
Thursday, October 22, 2020 - 3:47pm | 423On CNBC’s “Fast Money Halftime Report,” Chipotle Mexican Grill (NYSE: CMG) CEO Brian Niccol said the fast casual chain's biggest digital driver is Chipotlanes, adding that it's a key component to how the company continues to keep people engaged and drive their...
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Chipotle CEO On Keeping Workers Motivated
Friday, September 11, 2020 - 11:20am | 323Casual fast food chain Chipotle Mexican Grill Inc. (NYSE: CMG) stood out as a winner in the restaurant battles over the past few months, but there remain many challenges ahead. On Thursday, Chipotle CEO Brian Niccol spoke to Bloomberg Businessweek's Carol Massar to share his thoughts on...
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Chipotle CEO Offers Business Update On 'Mad Money'
Tuesday, June 2, 2020 - 12:31pm | 384Chipotle Mexican Grill, Inc. (NYSE: CMG) was well prepared to manage the COVID-19 disruption because of its prior investments in digital and people, CEO Brian Niccol said on CNBC's "Mad Money." Chipotle's stock trades around $1,050 per share, more than doubling from its year-to-...
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Chipotle CEO Talks Food Innovation, Bonuses For Workers And More
Friday, April 3, 2020 - 1:06pm | 439Chipotle Mexican Grill, Inc. (NYSE: CMG) was planning on launching new food items this year, but the coronavirus pandemic forced management to put its plans on hold, CEO Brian Niccol told CNBC's "Mad Money" host Jim Cramer in a Thursday interview. Chipotle was set to launch new items...
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Chipotle CEO, CFO Talk Turnaround With Cramer
Friday, December 6, 2019 - 1:54pm | 375Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) emerged from a highly publicized food safety scandal by focusing on the core business. Chipotle needed to return to its roots of serving "great ingredients, delicious food, and great people," CEO Brian Niccol told CNBC's...
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Cowen Upgrades Chipotle, Names It A 'Best Idea' For 2020
Tuesday, November 26, 2019 - 1:54pm | 415Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) has seen its stock nearly double over the past year but there is still room for more upside in 2020, according to Cowen. The Analyst Cowen analyst Andrew Charles upgraded Chipotle's stock from Market Perform to Outperform with a...
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Chipotle Ticks Higher After Big Q3 Earnings Beat
Tuesday, October 22, 2019 - 4:27pm | 175Chipotle Mexican Grill, Inc. (NYSE: CMG) shares ticked higher after reporting a third-quarter earnings beat. Adjusted earnings came in at $3.82, beating estimates by 63 cents. Sales came in at $1.404 billion, beating estimates by $24 million. "We're pleased with our overall results in the...
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Chipotle Higher After Q2 Earnings Beat, Comps Up 10%
Tuesday, July 23, 2019 - 4:20pm | 258Chipotle Mexican Grill, Inc. (NYSE: CMG) shares are surging after posting a second-quarter earnings and sales beat. Adjusted earnings came in at $3.99, beating estimates by 22 cents. Sales came in at $1.434 billion, beating estimates by $24 million. The company raised 2019 comps growth from mid-to-...
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Baird Makes Chipotle A 'Fresh Pick' After Chatting With Management
Friday, June 7, 2019 - 11:17am | 331Baird analysts turned "incrementally positive" on Chipotle Mexican Grill, Inc. (NYSE: CMG) after hosting a chat with the senior management team, including CEO Brian Niccol. The Analyst Baird's David Tarantino maintains an Outperform rating on Chipotle with an $800 price target, but...
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Argus Says Chipotle Can Regain Its 'Formerly Strong Brand'
Thursday, March 21, 2019 - 9:25am | 340Chipotle Mexican Grill, Inc. (NYSE: CMG) could regain its "formerly strong brand" image it held before multiple food-safety related scandals, Argus said in a research report. The Analyst Argus' John Staszak maintains a Buy rating on Chipotle with a price target lifted from $670 to $...
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Investors Eat Up Chipotle's Big Q4 Earnings Beat
Wednesday, February 6, 2019 - 5:23pm | 295Chipotle Mexican Grill, Inc. (NYSE: CMG) passed a new 52-week high in the after-hours session after posting a fourth-quarter earnings beat. The fast food chain reported fourth-quarter earnings of $1.72, beating estimates by 39 cents. Sales came in at $1.2 billion, beating estimates by $10 million....
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RBC: Buy Chipotle Ahead Of Expected 'Lackluster' Q3 Report
Monday, October 22, 2018 - 9:40am | 432Casual fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) is likely to report a "lackluster" third-quarter earnings release Oct. 25, but RBC Capital Markets is looking beyond the reported quarter to make a bullish case for the stock. The Analyst Analyst David Palmer...
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Oppenheimer Turns Bearish On Chipotle: Stock Is 'Too Spicy'
Monday, October 1, 2018 - 12:35pm | 385After gaining more than 80 percent since a management change announcement in February, casual fast food restaurant Chipotle Mexican Grill, Inc. (NYSE: CMG)'s stock has become "too spicy" to support right now, according to Oppenheimer. The Analyst Oppenheimer's Brian Bittner...
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Wedbush Turns Bearish On Chipotle, Says Risks Are Underappreciated
Monday, August 27, 2018 - 9:52am | 443Chipotle Mexican Grill, Inc. (NYSE: CMG) CEO Brian Niccol has made his turnaround plan clear to the investment community, but Wedbush isn't optimistic on the outlook due to what it said are underappreciated risks. The Analyst Wedbush's Nick Setyan downgraded Chipotle Mexican Grill from...