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Today’s Research Reports on Stocks to Watch: Starbucks and Chipotle Mexican Grill

NEW YORK, NY / ACCESSWIRE / April 16, 2018 / Starbucks is in hot water over the wrongful arrest made over the weekend of two black men in an alleged case of racial profiling. Though the company's CEO has said he wants to personally apologize to the men, many are saying they will boycott the company. Chipotle is in a more favorable light as the company announced last week its plans to help the environment.

RDI Initiates Coverage on:

Starbucks Corporation
https://www.rdinvesting.com/report/?ticker=SBUX

Chipotle Mexican Grill, Inc.
https://www.rdinvesting.com/report/?ticker=CMG

Starbucks Corporation shares closed down a modest 0.32% this past Friday on about 5.6 million shares traded. The coffee powerhouse is facing major backlash due to a video that circulated on social media over the weekend that shows police officers arresting two black men in a Philadelphia Starbucks shop. The two men had been doing nothing but sitting and many are accusing the company of racial profiling. Starbuck's CEO Kevin Johnson has said that the arrests are a "reprehensible outcome." Johnson has said that he "stands firmly against discrimination or racial profiling" and that he wants to personally apologize to the two men who were arrested. Protesters had gathered on Sunday outside of the downtown Philadelphia Starbucks where the incident took place with signs, one reading "Too little Too Late." Johnson had said, "Our store manager never intended for these men to be arrested and this should never have escalated as it did."

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Access RDI's Starbucks Corporation Research Report at:
https://www.rdinvesting.com/report/?ticker=SBUX

Chipotle Mexican Grill, Inc. shares closed down 2.07% on about 625,000 shares traded on Friday. The burrito retail chain announced last week that it is planning to divert half of its waste to landfills from 31% in 2015. It Also announced increasing composting convenience in its restaurants to 20% by 2020. The head of sustainability at Chipotle, Caitlin Leibert, remarked, "Increasing our waste diversion rate to 50 percent is an ambitious goal, but we feel it's important to be assertive in our efforts to advance our purpose. We remain deeply dedicated to bringing guests great tasting food while upholding Chipotle's values and commitment to food made with respect for the land and environment." The CEO of RiverRoad Waste Solutions, Kris Bunnell, commented, "Chipotle is never satisfied when it comes to minimizing its environmental impact. The company is always looking for new ways to go above and beyond to do what is best for their guests, the community and the environment." It was also revealed recently that the company has a partnership with Guild, offering employees $5,250 toward tuition each year as well as discounted tuition.

Access RDI's Chipotle Mexican Grill, Inc. Research Report at:
https://www.rdinvesting.com/report/?ticker=CMG

Our Actionable Research on Starbucks Corporation (NASDAQ: SBUX) and Chipotle Mexican Grill, Inc. (NYSE: CMG) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com