The upcoming report from Chipotle Mexican Grill (CMG) is expected to reveal quarterly earnings of $0.28 per share, indicating an increase of 3.7% compared to the year-ago period. Analysts forecast revenues of $2.94 billion, representing an increase of 8.7% year over year.Over the last 30 days, there has been a downward revision of 2.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over ...

Core Points - Chipotle Mexican Grill announced a "Wear Your Hockey Jersey" program offering a BUY-ONE-GET-ONE (BOGO) deal on entrees for diners wearing hockey jerseys on April 21, 2025, after 3:00pm local time [1][2] - The promotion is part of Chipotle's ongoing partnership with the NHL, which has been extended, maintaining its title as the official Mexican-themed quick service and fast-casual restaurant of the NHL [4][8] - Chipotle will also become an official partner of the National Hockey League Players' Association (NHLPA) for the first time, allowing collaboration with NHL players on future marketing campaigns [5][6] Company Initiatives - The BOGO promotion is limited to five free menu items per check, requiring the purchase of an entrée of equal or greater value, and is valid only in participating U.S. and Canada Chipotle locations [6][8] - Chipotle's Chief Brand Officer emphasized the tradition of the BOGO offer as a way to celebrate hockey fans in North America [3][6] - The partnership extension with the NHL aims to enhance fan engagement through unique promotions and collaborations [6][8] Industry Context - The NHL, founded in 1917, consists of 32 Member Clubs and engages over 670 million fans annually through various media channels [10] - The NHLPA, established in 1967, represents NHL players and promotes the game of hockey while supporting grassroots initiatives [11]

Every so often, Wall Street reminds investors that stocks don't move higher in a straight line. Sometimes, these reminders are anything but subtle. Over the last two weeks, investors have witnessed volatility akin to the COVID-19 crash of February-March 2020, as well as during the height of the financial crisis in 2008. On one end of the spectrum, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all logged their largest individual point gains on April 9 since their respective inceptions. Conv ...

WHEATON, IL — On Monday, the Wheaton City Council gave its unanimous approval for a drive-thru to be added to the restaurant space at 811 E. Butterfield Rd. that was once home to a Chipotle. The special use permit was unanimously approved by the Planning & Zoning Board at its March 11 meeting.The 4.1-acre property comprises a 9,920 square foot commercial building and a 13,438 square foot commercial building, according to city documents. Both buildings are part of a planned unit development and house multipl ...

Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike BlakeRestaurant stocks fell in morning trading Monday, fueled by investors' fears that a recession is coming.U.S. stocks have tumbled for three consecutive days after President Donald Trump shocked the markets with high tariffs on goods imported from key trading partners. While analysts do not expect the tariffs to hit most restaurant companies directly, the inflation that is expect ...

It's not often that the stock market's cyclicality brings on value deals with the potential of making a life- changing return for investors, yet when those opportunities come about, they can be sure these will likely be short-lived as more capital starts to chase the diminishing opportunities of a value investment. Today, there are three names (big enough in the United States economy) that would fit this description for investors to consider. Representing, in part, the retail sector and directly tied to con ...

NEWPORT BEACH, Calif., March 31, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it is bringing back its wildly popular digital game, Burrito Vault, to give away up to 157,500 Buy- One-Get-One free entrée codes1 in celebration of National Burrito Day on April 3. Chipotle's Burrito Vault is back with more than $1 million of free burritos ahead of National Burrito Day. Starting at 9am ET today, Chipotle Rewards members in the U.S. and Canada can access the Burrito Vault game by visitin ...

Coatue Management's Philippe Laffont is making some eyebrow-raising moves with his nearly $30 billion hedge fund.Wall Street is a data-dominated landscape, and it can be easy for investors to allow this overabundance of data to cause them to miss something important.For example, Feb. 14 represented a day where most Americans went the extra mile to ensure their significant other knew they were special. But for institutional investors with at least $100 million in assets under management (AUM), Valentine's Da ...

Core Viewpoint - Chipotle Mexican Grill (CMG) has faced significant challenges in early 2025, with its stock declining 17.8% year-to-date, contrasting with the Zacks Retail-Restaurant industry's growth of 1.5% [1][3]. Group 1: Financial Performance - CMG's stock has underperformed compared to major industry players like BJ's Restaurants, McDonald's, and Darden Restaurants, which have seen gains of 1.3%, 5.9%, and 11% respectively [4]. - The company anticipates same-store sales growth for 2025 to be in the low to mid-single digits, a decrease from the 7.4% growth experienced in 2024 [8]. - Earnings estimates for 2025 have been revised down by 0.8% over the past 30 days, although year-over-year growth is still projected at 14.3% [9]. Group 2: Operational Challenges - The introduction of a 25% tariff on imports from Mexico and Canada, and a 20% tariff on China, is expected to pressure CMG's margins, with a projected 60-basis-point impact on the 2025 cost of sales [6][8]. - Labor costs for the first quarter of 2025 are expected to be in the high 24% range, with wage inflation anticipated in the mid-single-digit range [7][8]. - The company sources approximately 50% of its avocados from Mexico, which is critical for its menu, and this reliance poses risks due to the new tariffs [5][6]. Group 3: Market Positioning - CMG is currently trading at a premium compared to its industry peers based on a forward 12-month price-to-earnings (P/E) ratio, complicating investment decisions [13]. - Technical indicators show that CMG stock is trading below its 50-day and 200-day simple moving averages, indicating a negative market sentiment [11][12].

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Chipotle Mexican Grill (CMG), and highlights the potential misalignment of interests between brokerage analysts and retail investors [1][5][10]. Group 1: Brokerage Recommendations - Chipotle has an average brokerage recommendation (ABR) of 1.52, indicating a consensus between Strong Buy and Buy, based on 32 brokerage firms [2]. - Of the 32 recommendations, 22 are Strong Buy (68.8%) and 3 are Buy (9.4%) [2]. - Despite the positive ABR, relying solely on this information for investment decisions may not be advisable, as studies show brokerage recommendations often lack success in guiding investors towards stocks with high price appreciation potential [5][10]. Group 2: Analyst Bias and Zacks Rank - Brokerage analysts tend to exhibit a strong positive bias in their ratings, with five "Strong Buy" recommendations for every "Strong Sell" [6][10]. - The Zacks Rank, which is based on earnings estimate revisions, is presented as a more reliable indicator of a stock's near-term price performance compared to ABR [8][11]. - The Zacks Rank is timely and reflects changes in earnings estimates quickly, unlike the ABR, which may not be up-to-date [12]. Group 3: Chipotle's Earnings Estimates - The Zacks Consensus Estimate for Chipotle's earnings has declined by 0.6% over the past month to $1.28, indicating growing pessimism among analysts regarding the company's earnings prospects [13]. - This decline in consensus estimates has resulted in a Zacks Rank of 4 (Sell) for Chipotle, suggesting caution despite the Buy-equivalent ABR [14].