Following the e-coli outbreak at Chipotle Mexican Grill, Inc. (NYSE:CMG), Bernstein believes that the comps should face a downfall in fourth quarter of fiscal 2015 (4QFY15) and 1QFY16. The firm believes the comps to fall 4% year-over-year (YoY) in upcoming quarter.
For the next five months or so, backyards across America will be filled with the smell of smoke, the sizzle of cooking meat, and the fun and camaraderie of families and friends grilling. Some of these meals will be delicious, but unfortunately there will also be charred burgers, undercooked steaks and the occasional bland meal. ...
For Americans, the 4th of July is a time to celebrate what it means to be American. To get into the spirit of things, we've gathered a set of pictures that make us want to stand up and sing the national anthem. So sit back, relax, forget about Edward Snowden for a minute, and get in the mood for the holiday.
A few months ago we reported that while the Fed is seeing nothing but hedonic deflation as far as the eye can see, food prices - for whatever reason but "certainly not" due to trillions in liquidity entering a close system so just blame it on the weather - were soaring to record highs.
The tourist mecca has been suffering, but hotel owners and merchants are hoping that a slew of discounts and the nation's birthday celebration will kick-start summer.
Here in San Diego's Mission Bay -- a nearly 7-square-mile playground of amusement parks, beaches, marinas, restaurants, hotels and souvenir shops -- the words on the lips of merchants and hotel owners are "Fourth of July weekend." ¶ And it's not the annual fireworks displays they are talking about.
There is nothing better than a steak done the right way. Earlier this year we met Chef Michael Lomonaco of Porter House New York, a classic American-style steakhouse, who shared some of his key grilling tips.