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Chipotle Mexican Grill

McDonald's 1Q Earnings Come Up Short

McDonald's (NYSE:MCD) reported a 5.2% drop in its first-quarter profit, just missing Wall Street views as U.S. sales continued to lag behind.The fast-food giant said Tuesday its earnings checked in at $1.2 billion, or $1.21 a share, compared to $1.27 billion, or $1.26 a share, in the year-ago period. Revenue climbed 1.4% to $6.7 billion, while expenses jumped 2.3%.Analysts were looking for a slightly stronger report, forecasting per-share earnings of $1.24 and revenue of $6.72 billion.McDonald's grappled with tepid sales in the U.S. last year amid increasing competition, particularly from "fast casual" restaurants like Chipotle Mexican Grill (NYSE:CMG). The Oak Brook, Ill.-based company said it is focused on "stabilizing key priority markets" such as the U.S., Germany, Australia and Japan.In the latest period, global sales at restaurants open for at least a year improved 0.5%, even as domestic traffic declined. McDonald's said it will reevaluate menu choices in the U.S., where same-sto...

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  2. Chipotle Stock Soars on Traffic Boost

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  8. Chipotle Profits Boosted as Patron Visits Surge

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  9. Chipotle 3Q earnings miss estimates

    Earnings HQ: FBN’s Nicole Petallides breaks down CMG ’s third-quarter earnings report.

  10. Chipotle profits get a boost from increased traffic

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  11. Chipotle Third-quarter Profit Rises To $83.4 Mln

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  12. Chipotle shares hit record highs

    FBN’s Nicole Petallides breaks down the day in the markets.

  1. Chipotle to raise prices for first time in three years

    FBN’s Lauren Simonetti with the latest business headlines.

  2. Chipotle to Hike Prices As Beef, Avocado Prices Rise

    Chipotle (NYSE:CMG) is raising prices across its menu of Mexican-style food for the first time in three years, after a surge in beef and avocado prices lifted food c...

  3. Chipotle Mexican Grill 1Q earnings beat expectations

    Earnings HQ: FBN’s Cheryl Casone breaks down Chipotle Mexican Grill ’s first-quarter earnings report.

  4. Chipotle Rises On Revenue Surge, Despite EPS Miss

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