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Wall Street had been expecting Snapchat’s users to rise to 192.84 million next quarter. The redesigned Snapchat app aimed at creating a more personalized service has struggled to attract more users since its roll-out last year and newer versions have been criticized for being too confusing to use. The number of advertisers active on Snapchat remains small compared with Facebook and Instagram but is steadily growing, analysts at Stifel said on Wednesday, citing data from Merkle. Still, the company topped analysts’ revenue expectations and average revenue per user jumped. Revenue growth was helped by increased adoption of the company’s programmatic ad sales platform, Snap Chief Executive Evan Spiegel said in prepared remarks.

Snap’s overall revenue jumped about 43 percent to $297.7 million, topping Wall Street expectations of $283.2 million, Average revenue per user increased to $1.60 during the third quarter, from $1.17 a year earlier, helped by growth outside North America, Net loss narrowed to $325.1 million or 25 cents per share, from $443.2 million or 36 cents per share, a year earlier, sterling silver round ruby root cufflinks On an adjusted basis, Snap lost 12 cents per share, while analysts were expecting a loss of 14 cents per share, Snap also said it expects fourth-quarter revenue of between $355 million and $380 million, Analysts were expecting revenue of $371 million..

(Reuters) - Chipotle Mexican Grill Inc (CMG.N) topped Wall Street profit estimates on Thursday, as newer menu items and a marketing blitz helped the burrito chain recover from a series of food-safety lapses that had kept diners away. Chipotle shares, up over 40 percent this year thanks to optimism around new CEO Brian Niccol’s plan to improve the company’s image, rose nearly 2 percent in extended trading. Niccol has brought back popular items like chorizo and introduced a long-awaited loyalty program, limited-time items and food-delivery through a dedicated smartphone app as well as DoorDash.

“We are seeing strong interest from new and infrequent customers as well as frequent sterling silver round ruby root cufflinks customers,” Niccol said of Chipotle’s mobile app, speaking to analysts on a conference call, Sales through digital channels surged 48 percent in the quarter ended September, Chipotle said, The company has also overhauled its marketing with increased use of social media channels and an ad campaign that draws attention to its use of “real” ingredients, aimed at health-conscious diners..

“Marketing did have an impact as we went on air and as customers start to see the commercials .. we did see an improvement in our sales,” Niccol said. The once-popular burrito chain’s sales and shares are yet to fully recover since its restaurants were linked to E. coli and salmonella outbreaks in 2015 that sickened hundreds of people. A new spate of food safety issues this July had added to Chipotle’s headaches. However, the latest health-related incident at a single outlet that caused nearly 700 people to fall sick, did not have a lasting impact on sales, Chief Financial Officer Jack Hartung said on the conference call.

Sales at Chipotle restaurants open at least 13 months rose 4.4 percent in the third quarter, helped by price hikes, but fell short sterling silver round ruby root cufflinks of Wall Street expectations of a 5.02 percent increase, according to Refinitiv data, “The miss (was) widely known and expected,” Wedbush Securities analyst Nick Setyan said, adding that Chipotle was seeing some early success with its turnaround, Net income roughly doubled year-over-year to $38.2 million, while restaurant-level operating margin climbed to 18.7 percent from 16.1 percent, as Chipotle kept expenses in check..

(Reuters) - Google Inc Chief Executive Sundar Pichai said on Thursday the company had fired 48 employees for sexual harassment over the past two years. Pichai sent an email to Google employees in response to a New York Times story that was published earlier in the day. The report said the search engine giant protected three senior executives from allegations of sexual misconduct by offering them payouts. The email, a copy of which was seen by Reuters, said of the 48 that were fired, 13 were senior managers or held more senior posts.

However, Pichai said none of those employees received an exit package, The email, which was also signed by Google’s vice president of people operations Eileen Naughton, said that company employees could use internal tools to report cases of inappropriate behavior anonymously, It also said that Google has updated its policy to require all vice presidents and senior vice presidents to disclose any relationship with a co-worker regardless of reporting line or presence of conflict, sterling silver round ruby root cufflinks “We are committed to ensuring that Google is a workplace where you can feel safe to do your best work, and where there are serious consequences for anyone who behaves inappropriately,” the email said..

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