Latest news with #mexican
Yahoo
6 days ago
- Business
- Yahoo
Why Chipotle (CMG) Shares Are Plunging Today
What Happened? Shares of mexican fast-food chain Chipotle (NYSE:CMG) fell 13.6% in the afternoon session after the company reported disappointing second-quarter results and cut its full-year sales forecast, citing a challenging consumer environment. The fast-casual chain's comparable-restaurant sales fell by 4% in the second quarter, a steeper decline than analysts had anticipated. This drop was primarily driven by a 4.9% decrease in customer transactions, indicating fewer people visited its stores. While total revenue rose 3% to $3.1 billion, it fell slightly short of Wall Street estimates. The most significant concern for investors was the company's revised outlook. Chipotle now projected its full-year comparable sales to be 'approximately flat,' a sharp downgrade from its previous forecast of 'low-single-digit' growth. Management attributed the weaker performance and outlook to ongoing volatility in consumer spending. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Chipotle? Access our full analysis report here, it's free. What Is The Market Telling Us Chipotle's shares are not very volatile and have only had 5 moves greater than 5% over the last year. Moves this big are rare for Chipotle and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 17 days ago when the stock dropped 3.4% on the news that the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements. Earlier in the day, President Trump confirmed that Japan and South Korea would face new 25% tariffs on their imports to the US, effective August 1st. These announcements came ahead of the broader July 9th expiration of a 90-day pause on reciprocal tariffs, which failed to produce comprehensive trade deals with most nations. This action against two major trading partners, coupled with the ongoing threat of further tariffs on countries associated with the BRICS bloc, injected significant uncertainty and apprehension into global markets. Investors were likely reacting to the increased costs for businesses, potential disruptions to global supply chains, and the broader implications for international trade relations. Chipotle is down 24% since the beginning of the year, and at $45.52 per share, it is trading 31.2% below its 52-week high of $66.16 from December 2024. Investors who bought $1,000 worth of Chipotle's shares 5 years ago would now be looking at an investment worth $2,013. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Time of India
15-05-2025
- Time of India
‘They are coming': Final words of Mexican TikToker Valeria Márquez before she was killed during live streaming
In a horrifying act of violence that has shaken Mexico and its online communities, 23-year-old beauty influencer Valeria Márquez was brutally murdered during a live stream on TikTok. The attack took place inside the beauty salon where she worked in Zapopan, Jalisco, sending shockwaves through a country grappling with a persistent epidemic of gender-based violence. #Mexican social media beauty influencer shot to death during a #TikTok live stream by an assailant who entered the premises under the guise of delivering a #gift#femicide #politics #cdnpoli #writingcommunity Who is Mexican TikToker Valeria Márquez? Márquez, known for her makeup tutorials and lifestyle content, had garnered nearly 200,000 followers across TikTok and Instagram. Her growing popularity made her a familiar face in the online beauty community, particularly among young women who saw her as an inspiration. What happened to Valeria Márquez during the live stream? Why was she killed? According to the Jalisco state prosecutor's office, Márquez was shot by an unidentified man who entered the salon on Tuesday. The incident, currently under investigation as a femicide, is emblematic of the ongoing violence against women in Mexico. Femicide, as defined by Mexican law, includes crimes involving degrading violence, sexual assault, or actions rooted in misogyny, and often occurs at the hands of individuals known to the victim. Mexican TikToker Valeria Márquez's live streaming Moments before the fatal shooting, Márquez was seen on her live stream sitting at a table, holding a stuffed toy. She appeared visibly anxious and mentioned that someone had previously come by the salon while she was away, claiming to have an expensive gift for her. She stated that she had no plans to wait for the person's return. Seconds before the attack, she was heard responding to a voice in the background, then abruptly muted the stream. The next moments were chaos. A shot rang out, and a figure was briefly seen picking up her phone before the live feed ended. Mexican TikToker Valeria Márquez's death sparks outrage in nation The public nature of Márquez's death has amplified the outrage. Social media erupted with grief and anger, as users mourned her loss and demanded justice. I just saw that video of that mexican tiktoker getting shot three times sigh fuck people who post that sht for views it's sickening Jalisco, the state where the murder occurred, ranks sixth in the country for total homicides, with 906 cases reported since October 2024, according to data from TResearch. Meanwhile, Mexico ranks among the countries with the highest rates of femicide in Latin America, tying with nations such as Bolivia and Uruguay. Valeria Márquez's life, full of promise and ambition, was taken in an instant. Her tragic death is a stark reminder of the dangers women face every day, and the urgency of action against gender-based violence in Mexico.
India.com
30-04-2025
- Health
- India.com
Gut-Friendly Fermented Drinks For Better Digestion
Anaika Sohal Apr 30, 2025 A fizzy drink which is made by fermenting the sweetened tea with a Scoby, and it's full of probiotics and enzymes. An Indian classic drink made from curd, water, and spices, it helps to cool down the stomach. It's a North Indian drink that is made by fermenting black carrots, mustard seeds, and water and contains beneficial bacteria. This tangy drink is made by fermenting milk with kefir drinks, and it's much easier to digest than milk. A dairy-free version of kefir is made by fermenting coconut water. It helps to keep the body hydrated and rich in probiotics. This drink aids digestion and is made from soaked cooked rice overnight, and is popular in South India. \It's a mexican fermented drink which is made from pineapple peels and is sweet, fizzy in taste. Read Next Story
Daily Mail
21-04-2025
- Business
- Daily Mail
Chipotle's shock restaurant expansion into new country is mocked by customers
Fans cannot stop mocking Chipotle's newest and 'pointless' business venture. The restaurant chain stirred up a social media frenzy after announcing April 21 that it had signed a new development agreement. The agreement, in partnership with the restaurant operator Alsea, will allow Chipotle to open its first restaurant in Mexico next year. 'We are confident that our responsibly sourced, classically-cooked real food will resonate with guests in Mexico,' said chief business development officer Nate Lawson. 'The country's familiarity with our ingredients and affinity for fresh food make it an attractive growth market for our company.' Despite the potential attraction, fans cannot stop comparing the business move to restaurateurs ' opening an Olive Garden in Italy.' Others have compared the opening to a ' Panda Express in Beijing,' and a Subway selling '"steak and cheese" in Philly.' Many X users who called the venture a 'joke' claimed the chain's food is more expensive than other options in Mexico. 'Chipotle is too sweet / not spicy / not enough meat on burritos by mexican standards, this works in America but won't go far in mexico, ask Italians how they feel about american pizza lol,' a fan wrote. 'This is pointless imo street tacos are everywhere in Mexico $1 for the most authentic taco you'll ever have or a $10 chipotle bowl…..,' another person claimed. Although social media appears unimpressed with the announcement, Alsea is thrilled over the partnership. 'We are proud to work with an iconic brand like Chipotle and help grow its international business for years to come,' said Alsea CEO Armando Torrado. 'Through this development agreement, we will continue to leverage our vast knowledge of the Mexican consumer and restaurant industry expertise to bring our customers the best food experiences and brands from around the world.' Chipotle has not shared what foods will be included in its upcoming Mexico store's menu. However, social media users are hoping the restaurant will have less 'American style' and more 'Mexican' options. Social media users mocked and slammed Chipotle for its decision to expand the chain to Mexico Chipotle made headlines in 2023 after signing its first international development agreement with the Alshaya Group. This deal allowed the chain to open restaurants in the Middle East. As of now, three restaurants in Kuwait and two in United Arab Emirates are open. Chipotle also operates locations in Canada, the UK, France, and Germany. The restaurant chain is in the process of opening between 315 and 345 eateries this year. The company has not announced where each store will open, but that it's long term goal is to open 7,000 restaurants in the US and Canada. The restaurant chain was one of many that hiked its prices following tariffs imposed by President Donald Trump. It sources products from regional and local suppliers nationwide, but also receives them from other tariff recipients like Australia and China. The company had already been under fire for raising its menu prices, which affected its financial performance from October to December of last year. Chipotle's quarterly performance did not stop it from having 'another outstanding year,' after having racked in $11.3 billion in revenue last year. It also opened 119 company-owned restaurants, with 95 locations featuring a Chipotle and one being outside the US. Including these new locations, Chipotle operates more than 3,700 restaurants worldwide.
Yahoo
21-02-2025
- Business
- Yahoo
A mexican restaurant opens at the Syracuse Airport
SYRACUSE, N.Y. (WSYR-TV) — The Syracuse Regional Airport Authority and Qdoba Mexican Eats have announced the grand opening of the new Qdoba Mexican Eats location at Syracuse Hancock International Airport on Friday, Feb. 21. The airport says the new fast-casual restaurant is located past the security checkpoint in the hallway leading to the concourse A gates and will be open daily from 4:15 a.m. to 8:30 p.m. or the last flight of the day. 'Today's grand opening represents an exciting expansion of dining options for SYR travelers,' said SRAA Chief Commercial Officer Jason Mehl. 'We are grateful to our partners at Gideon Toal Management Services and Qdoba Mexican Eats for their commitment to enhancing the passenger experience and investing in the success of SYR.' All food, dining and shopping options the airport has to offer can be found on the airport's Shopping, Dining, & Services webpage. A mexican restaurant opens at the Syracuse Airport The Haven at the Skanda to host Yoga with the Horses fundraising event NYSP: Tractor-trailer driver flees from hit-and-run in Salina Fashion show 'Dark Beauty: The Final Bow' to benefit Syracuse Spinal Association UPDATE: Road re-open after over a dozen cars involved in I-81 pileup in Central Square Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
