These fast-food workers are earning $25 an hour with paid vacation—as long as they work alongside a giant burger-slinging robot arm [Fortune]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: Fortune
They are slated to become employee-owners in a stock-option plan in the works. But there is a catch to the perks of the job. Like most other workplaces, Kernel employees have a quirky, larger-than-life coworker: a six-axis robot arm that can reach over 3 feet and lift over 11 pounds at the wrist. Its nickname is “El Capitan.” The arm, created by the German manufacturer Kuka, is the focal point of the store. As orders come in online, the Kuka robot plucks food items off a holding tray, places them in an oven, and passes them onto its human coworker on the assembly line. Its carefully calibrated movements help Kernel—which serves a small menu of plant-based sandwiches and sides—literally run like a well-oiled machine. Kernel's human workers don't seem to mind the robot stealing the spotlight. The store has a 100% employee retention rate, a rarity in the industry—though it only has three staff members in the store at a given time and has been open about a month. Chipotle founder St
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- Why Is Chipotle Stock the Largest Holding for Billionaire Bill Ackman? [Yahoo! Finance]Yahoo! Finance
- Chipotle Mexican Grill, Inc. (NYSE:CMG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 4/26/24 - Form 144
- 4/26/24 - Form 144
- 4/26/24 - Form 144
- CMG's page on the SEC website