Restaurants

Previewing second-quarter restaurant results, Bernstein said broader industry comps improved in the second quarter, as the gap between the food at home, or FAH, and Food Away from Home, or FAFH, inflation narrowed notably. The firm also noted that macro data relevant for the restaurant industry,...

Previewing second-quarter earnings of the restaurant sector, Raymond James said it continues to maintain a cautious/selective stance towards its restaurant universe, given soft industry sales trends and various industry and broader macro and consumer factors reducing visibility. The firm noted...

Argus analyst John Staszak downgraded Chipotle Mexican Grill, Inc. (NYSE: CMG) from Buy to Hold in response to the norovirus outbreak at a location in Sterling, Virginia. Staszak is the latest in a string of analysts who have downgraded the stock (see Staszak's track record here). Chipotle shares...

Bill Ackman may not be bothered by Chipotle Mexican Grill, Inc. (NYSE: CMG)’s latest wave of negative food safety headlines, but other Chipotle customers may not be as quick to forgive. This week reports that Chipotle shut down one Virginia restaurant after customers became ill and an online...

Artificial intelligence is not just a casual interest of the tech industry. It’s a universal imperative. “In ten years, every company will have to be an artificial intelligence company or they won’t be competitive,” Loup Ventures Managing Partner Doug Clinton wrote in a...

Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) continued to slide in the wake of an outbreak of sick customers exposed to a norovirus at a restaurant in Sterling, Virginia. Shares were down 3 percent in early afternoon trading at $361.63, a low for the year. The stock plunged after complaints...

For fast-food restaurant operators, the period between 2 p.m. and 5 p.m. is referred to as the "fast-food dead zone" as it is smack in between the lunch and dinner hours. In McDonald's Corporation (NYSE: MCD)'s case, a whopping 95 percent of customers show up outside of these...

After Business Insider first called attention to diner grievances posted to iwaspoisoned.com, the website seemed to gain traction this week. The news agency publicized a series of food-safety reports involving a Chipotle Mexican Grill, Inc. (NYSE: CMG) site in Virginia, which prompted an 8-percent...

First tweets say a lot about a person, like what’s worth breaking silence for. When Goldman Sachs Group Inc (NYSE: GS) CEO Lloyd Blankfein composed his first Twitter Inc (NYSE: TWTR) post last month, he knew it would carry weight. Blankfein joined the online community in 2011 and remained a...

Chipotle Mexican Grill, Inc. (NYSE: CMG) investors can’t seem to catch a break lately. The stock fell 4.4 percent on Tuesday on reports that Chipotle was forced to close one of its Virginia restaurants due to an illness outbreak and was down another 2 percent Wednesday morning. Here’s a...

Despite testing queso, the Chipotle Mexican Grill, Inc. (NYSE: CMG) potential norovirus outbreak led BMO Capital Markets analyst Andrew Strelzik to downgrade the stock to Market Perform. Strelzik set a price target of $350. “While norovirus at a single location is not overly significant on...

Chipotle Mexican Grill, Inc. (NYSE: CMG)'s reputation and ongoing initiatives to improve its brand image may take a hit following more reports that several customers reported symptoms of norovirus after eating at their stores. This event is reason enough for Wells Fargo's Jeff Farmer to...

Chipotle Mexican Grill, Inc. (NYSE: CMG) confirmed Tuesday that several customers who dined at a restaurant in Virginia reported symptoms of norovirus. A total of eight people indicated on iwaspoisoned.com they suffered from vomiting, stomach pains, diarrhea, dehydration and even hospitalization...

Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged as much as 6.55 percent Tuesday on news that a Virginia restaurant closed following multiple reports of ill patrons. "The reported symptoms are consistent with norovirus,” Jim Marsden, Chipotle’s executive director of food safety,...

All Chipotle Mexican Grill, Inc. (NYSE: CMG) needed to do was test queso to push Maxim analyst Stephen Anderson to upgrade his rating to Buy and raise his price target from $440 to $470. "We contend the introduction of queso - a Mexican cheese dip - which now is in test, will be an important...