Showing results for "Chipotle"
industries
Diners Shelling Out for Extra Pita Chips, Pricier Proteins Lift Cava’s OutlookCava Group Inc. lifted its annual sales outlook as it prepares a new steak offering and diners load up on extra sides of pita chips. While results outpaced expectations, the Mediterranean eatery reported a decline in customer traffic in the first quarter.May 28, 2024
markets
Nvidia Stock Split Looks to Be First of Many in Tech, BofA SaysNvidia Corp. delighted investors when it announced a 10-for-1 stock split earlier this week. The move may be the start of a trend, as several prominent tech companies trade at prices high enough to tip the scales toward similar splits, according to a note from Bank of America.May 24, 2024
economics
Red Lobster Peers Square Off in Fight for Discount-Hungry GuestsFamiliar US restaurant chains are navigating the same pressures now-bankrupt rival Red Lobster faced, with falling foot traffic, higher labor costs and generous promotions that don’t always bring the most profitable customers in the door.May 23, 2024