Chipotle's earnings beat estimates on higher prices, digital boost

) raised menu prices and consumers bit, helping the fast-casual burrito chain beat analysts’ estimates for quarterly sales and profit on Tuesday.

The company’s steady growth is set to continue in 2020, according to guidance released on Tuesday, as Chief Executive Officer Brian Niccol steers it past the E. coli bacteria outbreaks that sickened customers in 14 states through early 2016. For the fourth quarter ended Dec. 31, digital sales rose 78.3% and accounted for 19.6% of total sales.

The premium steak has been so popular that now the company’s supply chain team “is exploring options to see if we can add this as a permanent menu item at some point in the future,” Niccol said.

Chipotle is trash!

When you under pay and cheat people on their wages profits go up it’s the American way

Every shareholder should be sending me a thank you letter for paying extra for the guac!

I’m sorry. I can never eat there.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Google parent Alphabet falls short of revenue estimates in earnings reportA revenue report by Alphabet that fell short of Wall Street estimates suggests the company’s Google advertising business is struggling to maintain growth in the face of rising competition. What they don’t have enough dirt on their customers to sell? No surprise here, from my observations they keep passing search revenue streams to Amazon likely without even realizing the consequences for their ad ecosystem.
La source: latimes - 🏆 11. / 82 Lire la suite »

Europe markets set for higher open amid earnings; coronavirus fears abateEuropean markets are expected to open higher on Tuesday as sentiment improves and investors brush aside economic fears over the coronavirus outbreak. Only for stock market not for people!!
La source: CNBC - 🏆 12. / 72 Lire la suite »

Disney's streaming leap hooks 28.6 million subscribers, earnings beat forecastsWalt Disney Co's new streaming service Disney+ reached 28.6 million paying ...
La source: Reuters - 🏆 2. / 97 Lire la suite »