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Chipotle wants you to know it takes its portion sizes seriously

Chipotle’s chief executive, Brian Niccol, doesn’t take the allegations that the chain is skimping on its burrito bowls lightly. 

As the chain reported stellar earnings on Wednesday, Niccol at several points addressed the social media fury the chain has faced from users who say the size of their burrito bowls vary widely. (There’s some truth to that, Wells Fargo analysts found.)

Niccol said there was never a formal directive to shrink portions and that the company would retrain about 10% of its “outlier” stores that served smaller or inconsistent portions. 

“We have focused in on those with outlier portion scores based on consumer surveys, and we are re-emphasizing training and coaching around ensuring we are consistently making bowls and burritos correctly,” Niccol said. “We have also leaned in and re-emphasized generous portions across all of our restaurants, as it is a core brand equity of Chipotle."

Chipotle had a successful quarter, with same-store sales up 11.1%, the biggest jump since the quarter ended December 2021. Overall, revenue increased 18.2% to $3 billion. Investors welcomed the news, sending its stock price up in after-hours trading. 

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9.3%

As the war with Iran produces the biggest spike in US gas prices since Hurricane Katrina, car retailer CarMax is continuing to see heightened interest in EVs, hybrids, and plug-in hybrids.

“From Feb 1st - March 1st (inclusive), compared to March 2nd to March 15th (inclusive), we saw a 9.3% lift in page views for these vehicles,” a spokesperson for the company told Sherwood News.

As industry insiders recently told us, EV interest climbs when gas prices rise. That appears to be holding true even without EV tax credits, which the Trump administration ended under its new budget package.

CarMax also saw EV searches spike in 2022, amid Russia’s invasion of Ukraine and the resulting oil price spike.

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It’s the end of Disney’s Iger era (again)

Incoming CEO Josh D’Amaro is replacing Bob Iger on Wednesday, though Iger will remain a senior adviser through the end of the year.

$35.4B

The tariffs imposed by the Trump administration have cost automakers at least $35.4 billion since the start of 2025, according to a new analysis by Automotive News.

That total will continue to climb this year, since the Supreme Court’s February tariff ruling largely leaves the 25% levy on vehicles and auto parts untouched.

Toyota has taken the biggest hit, projecting more than $9 billion in tariff costs in its fiscal year ending this month, while Detroit’s big three automakers — Ford, GM, and Stellantis — were hit with a combined $6.5 billion tariff charge in 2025.

In the fourth quarter, automakers sold about 8% fewer imported vehicles in the US compared to the same period a year ago, per the Automotive News Research & Data Center.

Tariff charges come at a rough time for legacy carmakers, which are also scaling back EV plans following the Trump administration’s elimination of tax credits and fuel standard goals. According to Automotive News, the cost of EV write-downs and restructuring is, so far, nearly $70 billion.

Universal Studios Orlando Theme Park

Universal Studios is giving theaters a longer minimum exclusive run

Universal will now guarantee a minimum of five weekends before a movie hits home screens — which might help theater companies like AMC finally get back to profitability.

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