Chipotle's top boss said that if tariffs go into effect, the company will absorb them. However, that could change if they become a "significant headwind.
Chipotle Mexican Grill Is Even More Compelling At This Dip, Reiterate Buy
Chipotle Mexican Grill (CMG 2.33%) has been an unbelievable market-beater since its IPO in 2006.
Chipotle's stock is now a 'Buy' due to attractive valuation, strong fundamentals, and significant growth potential despite the recent CEO transition. Q4-24 results showed impressive revenue growth, strong same-store sales, and continued unit expansion, maintaining high restaurant-level profitability. Market expectations for 2025 are low, setting up the potential for multiple 'Beat & Raises'.
Zacks.com users have recently been watching Chipotle (CMG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
CMG stock tumbles post fourth-quarter 2024 earnings. A tepid view of margins due to regulatory alterations is concerning.
Chipotle's ($CMG) stock is up 70% in two years, making it the third-largest U.S. restaurant chain by market value, nearing $80 billion. In 2024, revenue rose 14.6% to $11.3 billion, with slightly improved operating margins.
Chipotle currently has more than 3,700 locations across seven countries.
In case you missed it, the most important data release on Wall Street occurred on Feb. 14, and it has nothing to do with earnings season.
Chipotle Mexican Grill Inc. said Wednesday it's planning to use artificial intelligence to speed up its efforts to hire 20,000 people in preparation for its busiest time of the year, from March to May.
Billionaire investor Bill Ackman increased his stake in sportswear company Nike by 15% and cut his investment in fast-casual food chain Chipotle Mexican Grill by 14%.
Chipotle Mexican Grill (CMG 1.98%) has done a great job at satisfying the hunger of its investors. Since the company's initial public offering (IPO) in January 2006, shares have skyrocketed 6,470%.