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Top related persons:
Adam Rymer - 3 Chipotle - 3 Brian Niccol - 2 Scott Boatwright - 2 Rymer - 1 Niccol - 1 it's - 1 — - 1
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Chipotle Olive New York City
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Wall Street Journal - 1 Wall - 1 Starbucks - 1 McDonald's - 1 KFC - 1 Revenue - 1 Business - 1 Service - 1

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3 mentions found


☆ Get ready to pay more at Chipotle
  + stars: | 2024-11-27 | by ( Nora Redmond | ) www.businessinsider.com   time to read: +2 min
Chipotle's sales rose 6% last quarter, showing resilience amid fast food price hikes. AdvertisementDespite the potential for higher menu prices, Chipotle remains a better value option for customers than similar alternatives, Rymer said, per the Journal. Inflation has not been kind to fast food prices. AdvertisementUnlike some fast food firms, whose sales have taken a tumble as customers have cut back, Chipotle has shown resilience. Chipotle did not immediately respond to a request for comment from Business Insider, made outside regular working hours.
Persons: Adam Rymer, Chipotle, Rymer, Brian Niccol, Niccol, Scott Boatwright Organizations: Wall Street Journal, Wall, Starbucks, McDonald's, KFC, Revenue, Business Locations: Chipotle, Olive
☆ Chipotle says ensuring 'consistent and generous portions' has taken a toll on its profitability
  + stars: | 2024-10-30 | by ( Dominick Reuter | ) www.businessinsider.com   time to read: +3 min
Chipotle says it's tried to ensure "consistent and generous portions" after customer complaints. The move and unusual price fluctuations for avocados have hit the chain's profitability. Profit margins for the chain suffered last quarter due to a concerted effort to provide "consistent and generous portions" in every order, the company said Tuesday. "We are committed to ensuring that we give the right portion to every guest that walks into the building." Related storiesWhile that's good news for Chipotle diners, the chain said it was partly the reason for a hit to profitability in the last fiscal quarter.
Persons: Chipotle, it's, —, Scott Boatwright, Adam Rymer Organizations: Service, New York Locations: Chipotle, New York City
☆ Cramer says Carvana pulls a 'rabbit out of a hat,' slams Mastercard, Visa downgrade
  + stars: | 2024-07-10 | by ( Matthew J. Belvedere | ) www.cnbc.com   time to read: +2 min
CEO Brian Niccol told Cramer that's not the case. CEO Ernie Garcia "pulled the rabbit out of a hat," Cramer said. "This is a classic case of whenever you sell these stocks ... you end up regretting it," Cramer said. They have no credit risk. I don't think you downgrade these stocks going into a slowdown where you might have credit risk."
Persons: Jim Cramer's, Sasan Goodarzi, Jim Cramer, Jack Hartung, He'll, Adam Rymer, Cramer, Chipotle, Brian Niccol, Cramer that's, Monish Patolawala, Bill Brown, Needham, Ernie Garcia Organizations: CNBC, Club, Intuit, Karma, Archer, Daniels, Midland, Mastercard, Visa, Bank of America
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