Airline Stocks, Blue Apron Job Cuts, & Chipotle Earnings Preview
(0:45) - United Airlines Earnings Report
(5:25) - Blue Apron To Cut 300 Jobs
(13:00) - Chipotle Earnings Preview: Tuesday 10/24
(19:30) - Non-Financial Estimates For Chipotle
(23:00) - Episode Roundup: Podcast@Zacks.com
On today’s episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest stories, including the airline industry’s reaction to United’s earnings announcement, Blue Apron’s plan to cut jobs, and a preview of Chipotle’s upcoming earnings report.
Make sure to subscribe and leave the show a rating on iTunes!
First up, the hosts discussed United UAL and its rocky earnings results. We already knew that Hurricane Harvey had taken a chunk out of the company’s bottom line, but investors seem to be even more concerned about management’s plan to combat competition throughout the industry. Does United’s rising capacity spell bad news for other major airlines?
Find out more here: United Shares Plummet, Airline Stocks Follow
Next, Maddy and Ryan discussed the cost cutting efforts of Blue Apron APRN. The struggling meal-kit delivery company just announced plans to let go of about 6% of its workforce. This 300-job cut is being described as part of a “company-wide realignment,” which is something most investors agree that the company needs.
Finally, the Finish Line team dove into the upcoming earnings report from Chipotle Mexican Grill CMG. The restaurant is still trying on the recovery path, and this report will give investors the latest details on how that effort is working out.
Make sure to listen to the show to hear more!
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.
As always, thanks for listening to this episode of the Zacks Friday Finish Line, and check back for even more news from the investment and financial world!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius. Click for details >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
United Continental Holdings, Inc. (UAL) : Free Stock Analysis Report
Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report
Blue Apron Holdings, Inc. (APRN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
