Chipotle Stock Surges as Earnings, Revenue Top Estimates
Chipotle Mexican Grill (CMG) shares jumped in extended trading Wednesday after the company posted better-than-expected results for the second quarter.
Chipotle Mexican Grill is about to report earnings. Here's what to expect
Despite a pullback in restaurant spending and backlash over the size of its burrito bowls, Chipotle is expected to report same-store sales growth of 9.2% for the second quarter. CEO Brian Niccol has credited the chain's value perception among diners as one reason for its strong sales in recent quarters.
2 Growth Stocks Down 20% or More to Buy Right Now
Chipotle's stock has seen scrutiny over inconsistent portion sizes, but this could be an opportunity for the company. Starbucks has dealt with recent issues in the U.S. and China, but has implemented a turnaround plan.
Up 17% This Year, Will Higher Pricing Boost Chipotle's Stock Post Q2 Earnings?
Chipotle Mexican Grill stock (NYSE: CMG), a fast-casual restaurant chain that focuses on fresh and organic ingredients in burritos, salads, and more, is scheduled to report its fiscal second-quarter results on Wednesday, July 24. We expect CMG's stock to trade higher with revenues and earnings beating the expectations in its second-quarter results.
Time to Buy Chipotle's Stock as Much Anticipated Q2 Earnings Approach?
In its first earnings report since a historic 50-1 stock split last month, Chipotle Mexican Grill (CMG) will report Q2 results on Wednesday, July 24.
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Some excellent companies on the broad index can still slip every now and then. Chipotle's stock has fallen even as the business has executed magnificently.
What You Need To Know Ahead of Chipotle Earnings Wednesday
Chipotle Mexican Grill (CMG) reports its latest quarterly results after the bell Wednesday, with analysts expecting revenue and profits to rise year-over-year in the chain's first earnings result since its 50-for-1 stock split last month.
Chipotle Prepares for Earnings With Stock Split in Rearview
Chipotle Mexican Grill Inc (NYSE:CMG) stock tumbled on the charts as the hype surrounding its 50-for-1 stock split faded.
Should You Bet on Chipotle (CMG) Stock Ahead of Q2 Earnings?
Chipotle's (CMG) second-quarter 2024 performance is likely to be aided by digital initiatives, the addition of Chipotlane drive-thrus and new restaurant openings.
Should Investors Treat Chipotle Like It's a Tech Stock?
Chipotle wisely launched a digital ordering system in 2017, which helped to keep it afloat during the pandemic. AI and robotics may drive the company's next wave of innovation.
These 2 Retail and Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
