Decrease in shipments of avocados could hurt Chipotle profit margin A 5.8% decrease in avocado shipments is what the Hass Avocado Board expects during the third quarter in comparison to the year prior The price of avocados are expected to rise by 10% and decrease Chipotle’s earnings by 10 to 12 cents a share Peloton… Continue reading Business News – 06-23-2021
Tag: Chipotle
Business News – 06-08-2021
Chipotle has now raised prices to compensate for raised wages Fast casual restaurant Chipotle Mexican Grill has now raised prices by about 4% in order to compensate for the cost of raising their worker’s wages This may, Chipotle has reported that they would raise hourly wages for their restaurant workers into reach their average of… Continue reading Business News – 06-08-2021
Business News – 5-10-2021
Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test Virgin Galactic delivered first quarter results after the market closed on Monday, announcing that it has yet to set a target date for its next spaceflight test, which the company previously planned for this month The space tourism company reported… Continue reading Business News – 5-10-2021