S&P Global cited ‘performance erosion’ and ‘lack of clarity on the company’s outlook’ as the reasons for the downgrade.

Higher avocado prices, animal disease and product recalls hit the company in the third quarter.

A new partnership with DoorDash and flexible value-based offers appeal to its diverse customer base.

The company brought in $11.3 billion in the first six months of 2019.

System-wide sales across the company’s three restaurant chains jumped 8% overall.

New CEO Miguel Patricio lays out three immediate goals.

The company’s moves in the plant-based proteins space reflect optimism about growth potential in the category.

Newly appointed CEO Jack L. Sinclair sees significant whitespace around supermarket chain.

The company focused on expansion and sustainability.

The company also is planning a second public offering.