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Coffee Prices 50% Off Peak Made In 2011 And Mid-'90s; What's It Mean For Coffee Retailers?
Friday, March 4, 2016 - 1:17pm | 652Coffee prices and coffee retailers appear to have an inverse correlation, and a strong one at that, according to Bloomberg. Commodity-dependent retailers like Starbucks Corporation (NASDAQ: SBUX) and Keurig Green Mountain Inc (NASDAQ: GMCR) have enjoyed low coffee prices because, as explained...
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Bernstein Still Bullish On Chipotle, Awaiting 'Significant Traffic Driving Initiatives' Following CDC All Clear
Wednesday, December 9, 2015 - 12:04pm | 331Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) have lost more than 22 percent over the past three months following disappointing earnings and an E. coli outbreak traced back to the company. Bernstein's Sara Senatore maintained an Overweight rating and $730 price target on Chipotle...
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Chipotle Boston College Timeline Might Not Make Sense, But Downside Risks Killing Investors
Tuesday, December 8, 2015 - 12:21pm | 575Local and national media outlets reported that members of Boston College's basketball team became ill after dining at a Chipotle Mexican Grill, Inc. (NYSE: CMG). Analysts at Bernstein questioned the timeline of the report – as the reports imply a shorter time frame from exposure to...
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Wall Street Mixed On Chipotle: More Educated Customer Base And Food With Integrity Branding Complicates
Monday, December 7, 2015 - 10:05am | 1019Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged nearly 10 percent early Monday morning and fell below its prior 52-week low of $532.03. Chipotle provided guidance on Friday and expects to earn $2.45 to $2.85 in the fourth quarter (versus estimates of $4.41) as the impact from the recent...
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Belus Capital's Brian Sozzi Previews Chipotle Mexican Grill's Q3 Results
Friday, October 17, 2014 - 3:37pm | 603Chipotle Mexican Grill, Inc. (NYSE: CMG) is set to report its third quarter results on Monday after market close. Analysts are expecting the popular fast-casual restaurant operator to earn $3.81 per share on comp growths of 16.9 percent. Chipotle reported its second quarter results on July 21....
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Starbucks Will Show Q4 Loss of $2.12 Billion Following $2.7 Billion Fine
Wednesday, November 13, 2013 - 3:13pm | 512The net result of an arbitrator imposed fine of $2.7 billion on Starbucks (NASDAQ: SBUX) in a contract dispute with Kraft (NASDAQ: KRFT), will be a fourth-quarter operating loss of $2.12 billion, according to Reuters. Prior to the arbitrator’s decision, the company had reported a 34 percent...
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Starbucks Employee Benefits in China Could Also Benefit Shareholders
Friday, April 20, 2012 - 7:50am | 172Starbucks (NASDAQ: SBUX) CEO, Howard Schultz, discussed the company's China strategy with Bloomberg yesterday. Schultz mentioned that by 2014 Starbucks will have more stores in China than in any other market excluding the US. CEO Schultz also noted that the company will offer many of its employee...