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$12 Burrito Out of Reach — Chipotle CEO Says Fewer Young Americans Dining Out Amid Student Loan Burden, Unemployment
Yahoo Finance· 2025-11-20 16:16
Core Insights - Retail and restaurant chains are experiencing the effects of persistent inflation, particularly as lower-income customers reduce their spending [1] Company Summary: Chipotle Mexican Grill Inc. - Chipotle's stock fell 19% in one day after missing Q3 revenue estimates and lowering its full-year same-store sales forecast [2] - The average cost of a burrito or bowl at Chipotle is approximately $10-$12, and the company is facing challenges as fewer young Americans dine out due to inflation and declining consumer sentiment [2] - CEO Scott Boatwright noted that customers with household incomes below $100,000 account for about 40% of Chipotle's total sales [3] - There is a "broad-based" decline in dining out across all income levels, attributed to a significant drop in consumer sentiment earlier this year [3] - A report indicated that the consumer confidence index fell for the third consecutive month in October, reaching its lowest level in six months [4] - Young Americans aged 25 to 35 are facing challenges such as unemployment, increased student loans, and slower wage growth, impacting their dining habits [4] - Chipotle now anticipates same-store sales to decline in the low-single-digit range in 2025, a revision from its previous forecast of flat sales [5] - The company's shares have decreased by 47% year-to-date [5] - Boatwright stated that younger consumers are opting to eat at home rather than dining out, indicating a shift in consumer behavior due to rising costs [6]
Cracker Barrel Shareholders Show Strong Support for the Company's Director Nominees and Bylaw Amendments, Per Preliminary Results
Prnewswire· 2025-11-20 16:15
Core Points - Cracker Barrel's shareholders voted to elect 9 out of 10 nominees to the Board of Directors during the 2025 Annual Meeting, including CEO Julie Masino [1][3] - The preliminary voting results showed strong support for all proposals, including amendments to the bylaws and executive compensation plans [2][3] - The Board expressed gratitude for shareholder trust and emphasized their commitment to enhancing value and returning the company to growth [5][4] Board Composition - The Board has reduced its size from 10 to 9 directors following the resignation of independent director Gilbert Dávila [1][4] - The elected directors include independent members Carl Berquist, Jody Bilney, Stephen Bramlage, John Garratt, Michael Goodwin, Cheryl Henry, Gisel Ruiz, and Darryl "Chip" Wade [1] Shareholder Engagement - The Board acknowledged the support for bylaw amendments made in response to shareholder feedback from a previous proxy contest with Biglari Capital [4] - The amendments are designed to preserve shareholders' rights to nominate and vote for directors while protecting against proxy system abuses [4] Company Vision - Cracker Barrel aims to maintain its heritage of family-oriented hospitality and high-quality food while focusing on growth and shareholder value [5] - The company operates approximately 660 locations across 43 states and owns the fast-casual Maple Street Biscuit Company [10]
X @Forbes
Forbes· 2025-11-20 16:10
Where To Book Thanksgiving Dinner Reservations In New York City https://t.co/TStRLe18Dp https://t.co/TStRLe18Dp ...
Wall Street Analysts See a 33.5% Upside in El Pollo Loco (LOCO): Can the Stock Really Move This High?
ZACKS· 2025-11-20 15:56
Core Viewpoint - El Pollo Loco Holdings (LOCO) has seen a 7.1% increase in share price over the past four weeks, closing at $10.24, with a potential upside indicated by Wall Street analysts' price targets suggesting a mean estimate of $13.67, representing a 33.5% upside [1][2]. Price Targets and Analyst Estimates - The mean estimate consists of three short-term price targets with a standard deviation of $3.79, where the lowest estimate of $11.00 indicates a 7.4% increase, and the highest estimate of $18.00 suggests a 75.8% increase [2]. - A low standard deviation among price targets indicates a strong agreement among analysts regarding the stock's price movement, which can be a useful starting point for further research [9]. Earnings Estimates and Analyst Sentiment - Analysts show strong agreement in revising earnings per share (EPS) estimates higher, which correlates with potential stock price increases, as indicated by a 6.7% increase in the Zacks Consensus Estimate over the past month [11][12]. - LOCO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside [13]. Conclusion on Price Movement - While the consensus price target may not be a reliable indicator of the extent of potential gains, the implied direction of price movement appears to be a valid guide for investors [14].
X @Bloomberg
Bloomberg· 2025-11-20 15:20
Restaurant Industry Highlights - Denver features top restaurants offering great value sushi, power Italian dining, and superior Southern food and drinks [1]
Jack In The Box Analysts Slash Their Forecasts After Downbeat Earnings - Jack In The Box (NASDAQ:JACK)
Benzinga· 2025-11-20 14:06
Core Viewpoint - Jack In The Box, Inc. reported weaker-than-expected fourth-quarter earnings, with earnings per share of 30 cents, missing the analyst estimate of 45 cents, while quarterly revenue of $326.19 million beat expectations but declined from $349.29 million year-over-year [1]. Financial Performance - Quarterly earnings per share were 30 cents, below the expected 45 cents [1]. - Quarterly revenue was $326.19 million, surpassing the analyst estimate of $319.65 million but down from $349.29 million in the same quarter last year [1]. Market Reaction - Following the earnings announcement, Jack In The Box shares fell 2.6% to $14.00 in pre-market trading [2]. Analyst Ratings and Price Targets - TD Cowen analyst Andrew M. Charles maintained a Hold rating and lowered the price target from $21 to $16 [4]. - Goldman Sachs analyst Christine Cho maintained a Sell rating and reduced the price target from $17 to $15 [4]. - Oppenheimer analyst Brian Bittner maintained an Outperform rating and decreased the price target from $28 to $24 [4]. - Truist Securities analyst Jake Bartlett maintained a Hold rating and lowered the price target from $19 to $16 [4]. - Stifel analyst Chris O'Cull maintained a Hold rating and reduced the price target from $20 to $18 [4].
Jack In The Box Analysts Slash Their Forecasts After Downbeat Earnings
Benzinga· 2025-11-20 14:06
Core Viewpoint - Jack In The Box, Inc. reported weaker-than-expected fourth-quarter earnings, with earnings per share of 30 cents, missing the analyst estimate of 45 cents, while quarterly revenue of $326.19 million beat expectations but declined from $349.29 million year-over-year [1]. Financial Performance - Quarterly earnings per share were 30 cents, below the expected 45 cents [1]. - Quarterly revenue was $326.19 million, surpassing the analyst estimate of $319.65 million but down from $349.29 million in the same quarter last year [1]. Market Reaction - Following the earnings announcement, Jack In The Box shares fell 2.6% to $14.00 in pre-market trading [2]. Analyst Ratings and Price Targets - TD Cowen analyst Andrew M. Charles maintained a Hold rating and lowered the price target from $21 to $16 [4]. - Goldman Sachs analyst Christine Cho maintained a Sell rating and reduced the price target from $17 to $15 [4]. - Oppenheimer analyst Brian Bittner maintained an Outperform rating and decreased the price target from $28 to $24 [4]. - Truist Securities analyst Jake Bartlett maintained a Hold rating and lowered the price target from $19 to $16 [4]. - Stifel analyst Chris O'Cull maintained a Hold rating and reduced the price target from $20 to $18 [4].
Chipotle (NYSE: CMG) Stock Price Prediction and Forecast 2025-2030 (Nov 2025)
247Wallst· 2025-11-20 14:05
Core Insights - Chipotle Mexican Grill Inc. has reduced its full-year forecast for same-store sales due to shifts in consumer spending patterns [1] Company Summary - The company reported its third-quarter earnings, indicating a need to adjust expectations for same-store sales growth [1]
Starbucks Workers United escalates strike during busy holiday season
CNBC· 2025-11-20 13:41
Starbucks workers walk a picket line as they go on strike outside a Starbucks store on Nov. 13, 2025 in the Clinton Hill neighborhood of the Brooklyn borough in New York City.One week into what baristas have threatened to make the "largest, longest" strike in Starbucks' history, the Workers United union said it is adding more than two dozen new cities and stores to its strike count. The union said Thursday it will now be striking at 95 stores in 65 cities, with some 2,000 baristas now engaged in the action. ...
What Are Wall Street Analysts' Target Price for Domino's Pizza Stock?
Yahoo Finance· 2025-11-20 13:24
Core Insights - Domino's Pizza, Inc. has a market capitalization of $13.5 billion and operates through various segments including U.S. Stores, International Franchise, and Supply Chain [1] - The company's stock has underperformed compared to the broader market, with a 9.1% decline over the past 52 weeks, while the S&P 500 Index has increased by 12.3% [2] - In Q3 2025, Domino's reported an EPS of $4.08 and revenue of $1.15 billion, both exceeding analyst expectations, alongside a 5.2% growth in U.S. same-store sales [3] - Analysts project a 5.3% year-over-year increase in EPS for the fiscal year ending December 2025, reaching $17.57 [4] - The consensus rating among analysts is a "Moderate Buy," with a mix of ratings including 16 "Strong Buy" and 11 "Holds" [4] - BofA has raised its price target for Domino's to $536, indicating a potential upside of 25.2% from the current price [5] Performance Analysis - Over the past 52 weeks, Domino's shares have lagged behind the Consumer Discretionary Select Sector SPDR Fund's 4.2% rise [3] - Year-to-date, the stock has declined by 4.8%, contrasting with the S&P 500's 12.9% gain [2] Earnings and Forecast - The company's earnings surprise history shows mixed results, beating estimates in two of the last four quarters [4] - The mean price target from analysts is $500.53, with a Street-high target of $597 suggesting a 49.4% potential upside [5]