Stay updated with the latest business news, market trends, expert insights, and industry updates to help you stay ahead in the competitive world of business.
Chipotle meets expectations for its fourth quarter with a 5.4% increase in same-store sales and a 7.4% increase in full-year earnings, despite headwinds such as inclement weather and tough comparisons. The company plans to open 315-345 locations this fiscal year and expects low- to mid-single-digit same-store sales growth in 2025.
Published on: February 05, 2025, 09:01 AM UTC
Huawei's annual revenue exceeded $118.27 billion last year despite US sanctions, with its consumer business returning to growth.
Published on: February 05, 2025, 09:00 AM UTC
Norwegian Line Holdings orders four cruise ships from Fincantieri for an estimated €9 billion, marking the largest order in the Italian shipbuilder's history.
Published on: February 05, 2025, 08:00 AM UTC
Xiaomi to launch luxury version of SU7 electric vehicle with 10,000 unit sales target for 2023, according to founder Lei Jun.
Published on: February 05, 2025, 07:02 AM UTC
US Stocks Rise Amid Trade War Uncertainty as Big Tech Shines
Published on: February 05, 2025, 07:02 AM UTC
Chipotle reported strong fourth quarter and full-year earnings, driven by consistent sales growth and expanding margins. Despite facing headwinds, the company met expectations and is optimistic about the future, with plans for store expansion and new product launches.
Published on: February 05, 2025, 07:01 AM UTC
Toyota makes electric vehicles and EV batteries in China, announces new battery plant in North Carolina.
Published on: February 05, 2025, 07:01 AM UTC
Novo Nordisk, maker of the obesity drug Wegovy, forecasts slower sales growth in 2025 due to softening demand, raising concerns about competition from Eli Lilly.
Published on: February 05, 2025, 07:00 AM UTC
Chipotle's Q4 earnings meet expectations amid headwinds, showing strong sales growth and margin expansion. New CEO Boatwright outlines plans for 2025, including store openings and technological advancements.
Published on: February 05, 2025, 06:01 AM UTC
Understand your home insurance coverage in case of a major disaster. Know the difference between replacement cost value and actual cash value, get familiar with state laws on advanced payments, and consider the rebuilding timeline's impact on your finances.
Published on: February 05, 2025, 06:01 AM UTC