Chipotle Mexican Grill, Inc. (CMG) has faced significant volatility, with its stock dropping 10.4% over the past three months. The decline contrasts sharply with the broader Zacks Retail – Restaurants industry's 6% growth during the same period. One of the major reasons for Chipotle's recent struggles is the departure of CEO Brian Niccol, who left to take a role at Starbucks Corporation (SBUX) . Niccol's leadership was instrumental in Chipotle's resurgence, so his exit has raised concerns about the company' ...

Chipotle is going through a big change right now, and investors are worried. If you think long term, this could be a chance to buy.Chipotle Mexican Grill (CMG -1.28%) has become one of the most prominent fast-casual restaurant brands in the world. But all companies, no matter how well consumers like them, cycle between good and bad times. With Chipotle's stock down around 15% from its 52-week high, long-term growth investors might want to jump aboard. And, yes, there are some negatives to understand before ...

Key TakeawaysChipotle said Monday that it is testing two new automation projects in a pair of California restaurants.One is focused on speeding up guacamole prep by automatically slicing and peeling avocados. The other builds bowls and salads while employees make burritos and quesadillas.The company said it has worked to identify "time consuming and less favorable" tasks that could be taken out of employee hands to speed up orders. Your next Chipotle (CMG) order could be made by robot hands. The chain on Mo ...

The company's cobots (collaborative robots) are assisting crew members in Chipotle restaurants for the first timeThrough its Cultivate Next venture fund, Chipotle has invested in Vebu, a product development company that has co-created Autocado, and Hyphen, a foodservice platform that automates kitchen operations and has co-developed Chipotle's Augmented MakelineNEWPORT BEACH, Calif., Sept. 16, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today Autocado, its avocado processing cobotic pr ...

Chipotle recently promoted COO Scott Boatwright to the CEO position.The departure of CEO Brian Niccol has brought uncertainty to the investment case for Chipotle (CMG -0.41%) stock. Niccol was the company's most successful CEO since founder Steve Ellis stepped down, and his process improvements and innovations helped Chipotle stock rise by around 775% during his six-year tenure at the company.Now, with Niccol's sudden departure for the Starbucks job, investors are right to wonder what is next for the compan ...

The quick answer is no, but you'd better make sure you're ready for more volatility.Chipotle Mexican Grill (CMG 1.00%) is in the Wall Street doghouse again, with its shares now roughly 20% below their 52-week high. But that also happens to be how much the stock price is down from its all-time high. What's going on here? If you think it's too late to buy this growing restaurant chain, history suggests you are likely wrong. But it's still good to ask questions.As you search for the answers on Chipotle, here a ...

Chipotle Mexican Grill (CMG) ended the recent trading session at $56.35, demonstrating a +1% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.75%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1%.The Mexican food chain's shares have seen an increase of 8.02% over the last month, surpassing the Retail-Wholesale sector's gain of 7.86% and the S&P 500's gain of 4.03%.The upcoming earnings rel ...

isayildiz Introduction and Recent Developments Since our last assessment of Chipotle (NYSE:CMG) in May 2023, the stock has increased by 30%. Because we believe that a leading company with a high valuation multiple takes time to demonstrate its might, we urged investors to hold and not trade this stock at that time. Stock performance (Seeking Alpha) After six years at Chipotle, Brian Niccol, the company's chairman and CEO, departed in August 2024. Investors were taken aback by this, and the stock crash ...

Among the 13 prominent companies to have announced or completed a stock split in 2024, there are two whose valuations make no sense.Although hype surrounding the rise of artificial intelligence (AI) has been a key factor that's sent Wall Street's major stock indexes to record levels, it's important not to overlook the role stock-split euphoria has played in lifting the valuations of some of Wall Street's most-influential businesses this year.A stock split is a tool publicly traded companies have at their di ...

Chipotle's Mexican-inspired, tender Smoked Brisket returns to the menu after three years.Fans can experience Smoked Brisket with a $0 delivery fee offer* for a limited time.NEWPORT BEACH, Calif., Sept. 10, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced Smoked Brisket is back on the grill at participating restaurants in the U.S. and Canada for a limited time. Smoked Brisket has remained a top requested menu item for Chipotle to bring back among fans on social media since it was first ...