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The Latest Breaking News from Chipotle

Cava—the 'Mediterranean Chipotle'—is one of Wall Street's hottest stocks. Here's why

Cava is leading 2024's fast-casual boom, with the stock dramatically outperforming the market along with salad chain Sweetgreen.

Fortune

Starbucks Hopes To Improve Relationship With Workers Under New CEO

Starbucks, under new chief executive officer Brian Niccol, is trying to improve work conditions for employees, an issue that's become so prevalent that it led to unionization.

International Business Times

Chipotle faces lawsuit for serving 'inconsistent' portion sizes

The Mexican fast-food chain has a significant legal challenge on its hands.

The Street

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Chipotle lied when it denied viral outrage over portion sizes getting skimpier, investor lawsuit claims

The lawsuit claims the fast-casual chain failed to acknowledge “highly inconsistent” portion sizes until diners’ discontent went viral online.

Fortune

Chipotle's new CEO Scott Boatwright will make millions leading the chain—but only half as much as ex-CEO Brian Niccol

Boatwright joined Chipotle in 2017 after spending 18 years at rival Arby’s Restaurant Group.

Fortune

Here Is One Telling Sign Of White-Hot Cava IPO's Momentum

Mediterranean chain Cava raised full-year outlook as well. Q3 sales jumped 39%, accelerating from Q2's pace.

Investors Business Daily

Chipotle Names Permanent CEO After Previous Leader Bolted For Starbucks

Chipotle Mexican Grille has appointed Scott Boatwright as its permanent CEO, to contribute to the company's strategy and growth.

International Business Times

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Chipotle's new CEO gets approving nod from analysts

Boatwright is likely to look to new CFO Adam Rymer as a strategic partner.

Fortune

Shareholders Sue Chipotle Over Portion Sizes

The suit claims portion sizes were "inconsistent" and hurt customer loyalty.

International Business Times

Rukmini Iyer’s quick and easy recipe for chipotle mushroom tacos

Deliciously earthy and savoury mushroom tacos with celeriac slaw and peanut sauce

The Guardian - UK

Chipotle has fixed its portions problem

The burrito chain's total revenue was up $2.8 billion, according to its third-quarter earnings report

Salon

Starbucks' new CEO has a long to-do list—moving the HQ out of Seattle is not at the top

When Brian Niccol led Chipotle, he moved its HQ from Denver to his own backyard in California.

Fortune

Starbucks CEO Brian Niccol has one job: Fix the bad vibes

The former Chipotle leader has big staffing and operations challenges at the coffee company.

Fortune

Chipotle Says Social Media Photos Show Customers Excited About Portion Sizes

The company had taken heat on social media that it has been skimping on order sizes

International Business Times

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Fortune

Chipotle’s beefed-up portion sizes take a bite out of profitability

The burrito-bowl chain said it would offset the investment in more rice and pico de gallo with efficiencies in its supply chain.

Fortune

Starbucks' new CEO just delivered what employees and investors have been craving after years of drama and missteps

Brian Niccol is showing the kind of clarity and decisiveness that helped him save Chipotle years ago.

The Street

Chipotle makes big changes to end portion scandal

Chipotle customers have been angry over how much food they're getting for their money.

The Guardian - US

Starbucks tells corporate workers to return to office or risk being fired

Internal note reportedly warns ‘accountability process’ will start next January for company’s hybrid work requirements

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Investors Business Daily

McDonald's Dips As Shake Shack Rallies, Chipotle Slumps; This Beanery's In A Profit-Taking Zone

McDonald's edged out Q3 views Tuesday and Chipotle posted mixed results. Shake Shack flashed a buy signal ahead of earnings.

The Street

Analysts revise Starbucks stock price target after preliminary results

Here's what could happen next to Starbucks' shares.

Barchart

CMG Earnings Preview: What to Expect from Chipotle Mexican Grill in Q3

Down 14% from all-time highs, Chipotle Mexican Grill stock trades at a lofty valuation, due to its market-thumping returns in the past two decades.

The Guardian - UK

The new Starbucks boss is serving up froth and platitudes

Brian Niccol’s syrupy praise for store workers does not impress. He should focus on the hard problem of rising prices

Fortune

Chipotle just released an AI recruiting tool to get an edge in the 'competitive labor market'

The new technology is supposed to speed up the hiring process for the fast-casual restaurant by 75%. Experts say it’s possible.

Investors Business Daily

Cava Peer Looks To Spice Up Buy Point With New AI Platform

With earnings due Oct. 29, Chipotle stock may soon taste-test a 'Boorito' and new breakout as it unveils a new AI platform.

Investors Business Daily

McDonald's Falls Over E. Coli Outbreak Tied To Quarter Pounders; Slivered Onions Recalled

McDonald's fell after the CDC linked an E. coli outbreak to Quarter Pounder burgers. A recall for slivered onions was issued Wednesday night.

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