Must-know: Chipotle Mexican Grill’s key costs of operations
Chipotle Mexican Grill reported $363 million in food costs. Food costs accounted for 34.6% of the revenue, which increased year-over-year, compared to 33.1% in the second quarter of 2013.
Wendy’s Same-store Sales Expected To Be In Low Single Digits
Analysts’ estimate for Wendy’s fourth quarter same-store sales growth is 2.6%, compared to 1.2% in the previous quarter.
Things To Keep In Mind About Shake Shack’s IPO
Shake Shack (SHAK) filed for an initial public offering, or IPO, for $100 million through Class A common stock. Should you bite it?
Must-know: Chipotle Mexican Grill’s 3 key risks
Chipotle Mexican Grill (CMG) is exposed to three primary risks: price risk, interest rate risk, and currency risk.
Chipotle May Report Double-Digit Same-Store Sales Growth
Even though analysts expect moderate same-store sales growth for Chipotle, it’s still high compared to most of the restaurant players in the industry.
Why Chipotle’s general and administrative expenses increased
Since CMG owns all of its restaurants, the G&A costs are spread over all of its units. As a percentage of sales, the G&A costs accounted for 6.6%.
Why Chipotle Mexican Grill increased its menu prices
The company raised the beef menu prices by ~9% on average and chicken prices by ~5%. This was due to price inflation, especially in beef, which the company anticipates will continue rising in the future.
Why Chipotle Mexican Grill’s quarterly same-store sales spiked
Chipotle Mexican Grill’s (CMG) same-store sales increased by 17.3% year-over-year in the second quarter. The increase in same-store sales also resulted in average sales per restaurant of $2.3 million.
Must-know overview: Panera Bread Company’s 2Q14 earnings
In this quarterly overview of Panera Bread Company, we’ll take a deeper look at the earnings and strategic changes that management discussed during the earnings call. This will help you understand the company and make an investment decision.
Why Consumer Confidence Impacts the Restaurant Industry
The Conference Board Consumer Confidence Index in May is 96.5 compared to 102.2 in April. The University of Michigan Consumer Sentiment Index is 88.6 in May compared to 95.9 in April.
How Consumer Confidence Affects Restaurant Sales
Rising consumer confidence among Millennials is a positive sign for restaurants including Brinker International (EAT), Noodles & Co (NDLS), and Potbelly (PBPB).
Shake Shack Pops 118% On The Stock’s Opening Day
Shake Shack (SHAK), a recently IPO’d burger restaurant, popped 118% on its first day of trading on January 30, 2015.
Starbucks Is Expanding By Taking On Debt
SBUX’s total debt increased from $1.3 billion to $2 billion. It issued long-term debts in 4Q13 and 1Q14. This increased the interest expense by $36 million.
The concept of fast-casual restaurants
Fast-casual restaurants are a hybrid of fast-food and casual-dining restaurants. Fast-casual restaurants are experiencing high growth with most of the players who have their locations and expansions in the United States.
Why Chipotle Mexican Grill’s aggressive on unit growth
Chipotle Mexican Grill opened a total of 45 new restaurants in the second quarter, compared to 44 new restaurants in the same quarter a year ago.
A key tech upgrade: Understanding Chipotle’s 2014 strategy
Chipotle revealed that it would spend $10 million on network upgrading for all restaurants to enable future improvements.
Must-know: Why Chipotle continues to beat estimates
Last week, Chipotle Mexican Grill (CMG), the largest player in the fast-casual restaurant industry, reported its 4Q13 earnings and summarized its performance for the fiscal year.