NYSE:CMG - New York Stock Exchange, Inc. - US1696561059 - Common Stock - Currency: USD
Niccol, credited with reviving burrito chain Chipotle Mexican Grill, has looked to return Starbucks to its coffee house roots in the U.S. by rolling out a simpler menu, ceramic cups, refills and condiment bars. Starbucks' global same-store sales fell 4% in its fiscal first quarter, compared with analysts' expectations of a 4.6% fall, according to data compiled by LSEG. The company's North America comparable sales fell 4% in the three months ending Dec. 29, Niccol's first full quarter at the helm, compared with expectations of a 4.7% fall.
More than 40% of employed Americans think the Monday after the men's professional American football championship should be a national holiday in the U.S.1 In...
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Snowflake has had an impressive run over the past six months as its shares have beaten the S&P 500 by 23%. The stock now trades at $171.40, marking a 30.7% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Due to industry regulations, large investment companies are required to reveal their portfolio holdings every quarter. This is a gold mine for retail investors, as they can search a big list of positions to find potential buying opportunities. Bill Ackman, a billionaire hedge fund manager who runs Pershing Square Capital Management, is a popular investor to follow.
Stock splits were a major market theme in 2024, with some of the world's biggest names joining the list. Companies across sectors, from Walmart to Chipotle Mexican Grill, launched such operations last year. Why do investors love stock splits?
In the closing of the recent trading day, Chipotle Mexican Grill (CMG) stood at $57.52, denoting a -1.44% change from the preceding trading day.
Niccol, the former Chipotle Mexican Grill head, who is four months into his new role at Starbucks has set forth a raft of measures to improve the coffee chain's business, which took a hit from increased competition and weakening demand in the U.S. and China. "Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work," Niccol said in a statement, adding that he will examine the role, structure and size of support teams globally.
Stay updated with the movement of S&P500 stocks in today's session. Discover which S&P500 stocks are making waves on Friday.
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/PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it is making minority investments in Plantible, a company harnessing the power of Lemna, an...