Tag: Chipotle

Can Chipotle Stock Keep Going After Last Week’s 29% Pop?

One of last week’s biggest winners was Chipotle Mexican Grill (NYSE:CMG), soaring 28.7% after posting better-than-expected financial results. The burrito roller is still in the early stages of a turnaround, but the market clearly likes the direction the chain is taking since tapping Taco Bell’s CEO to be its new helmsman. Chipotle stock has now soared…

Chipotle names Taco Bell executive as next CEO

By Joseph PisaniThe Associated Press Tues., Feb. 13, 2018 NEW YORK—Chipotle, hoping to rebuild its business after a series of food safety scares, has named an executive from fast-food chain Taco Bell as its next CEO. Brian Niccol, chief executive at Yum Brands Inc.’s Taco Bell chain for three years, will start at Chipotle next…

Qdoba’s Sale Is Bad News For Chipotle

Chipotle Mexican Grill, Inc. (NYSE:CMG) has defined the fast-casual Mexican segment for most of its history, but the company is not without rivals. Moe’s Southwest Kitchen, Baja Fresh, and Lime Fresh Mexican have all sought the burrito banner at one point or another, but arguably no chain more closely resembles Chipotle than Qdoba, a Jack in the Box (NASDAQ:JACK) property.…

The Most Important Chart for Chipotle Mexican Grill

Shares of Chipotle Mexican Grill (NYSE:CMG) rallied after the company reported second-quarter earnings on Tuesday that beat earnings expectations, but prospective investors in the burrito maker should nevertheless tread carefully. While its shares are trading at their lowest price since 2013, they could fall further from here, depending in no small part on the direction…