Editorial companion

What stands out

Bloomberg tracked a tidy split: Carvana and Crocs stumbled while Chipotle Mexican Grill and Starbucks raised their full-year outlooks after stronger-than-expected quarters. Chipotle credited new menu items and a revamped loyalty program for the lift, and Starbucks echoed stronger sales momentum. For investors, guidance moves from two of the biggest casual-dining names are a faster way to read consumer wallets than a single monthly report, because these firms literally set prices and loyalty incentives that shape spending over the next several quarters.