Chipotle Rewards members in costume will receive a $6 USD entrée offer* in-restaurant on October 31.Chipotle will nourish Gen Z's late-night cravings with extended hours in select college towns across the U.S.For the first time, Chipotle will celebrate Boorito in Europe with a £6 / €7 entrée offer** at its U.K. and France locations. Fans in Canada will also be able to enjoy a $7 CAD entrée offer* in-restaurant on Boorito.NEWPORT BEACH, Calif., Oct. 8, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) ...

The well-known activist investor isn't afraid to bet big on his favorite ideas.Bill Ackman is one of the best-known billionaire investors in the world. His hedge fund, Pershing Square Capital, focuses on a few high-quality businesses where Ackman feels the stock has become mispriced, relative to its value. He will then buy shares and use his influence to unlock shareholder value.As an activist investor, he can focus on only so many businesses at once. That means he only swings at what he thinks are his bigg ...

Editor's note: Seeking Alpha is proud to welcome Benjamin Lisi as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.I am a driven business student at Laurier University passionate about the public markets and finding undervalued companies with good unit economics, promoting high future growth. I have in experience working in Private Credit for large altern ...

This popular Tex-Mex chain has certainly made longtime shareholders wealthy.Chipotle Mexican Grill (CMG 0.72%) is a market-beating stock. Shares have soared 248% in the past five years, a gain that crushes the return of the S&P 500 index. And since the initial public offering (IPO) in 2006, shares are up an astonishing 6,450% and are certainly making early investors rich.Can this top-notch restaurant stock, which currently trades 16% below its peak price, help you become a millionaire in the future? Here's ...

Chipotle Mexican Grill (CMG) closed the most recent trading day at $57.11, moving +0.72% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.9%. At the same time, the Dow added 0.81%, and the tech-heavy Nasdaq gained 1.22%. Prior to today's trading, shares of the Mexican food chain had gained 6.92% over the past month. This has outpaced the Retail-Wholesale sector's gain of 5.79% and the S&P 500's gain of 3.15% in that time. Market participants will be closely f ...

Chipotle Mexican Grill, Inc. (CMG) has marked its debut in Dubai by opening a restaurant in collaboration with the international franchise retail operator Alshaya Group.Located at The Beach at Jumeirah Beach Residence, the new Chipotle area spans more than 6,000 square feet and is set in a marquee location along the beachside boulevard. Following this breakthrough debut, another Chipotle location is planned in the United Arab Emirates (UAE) and is expected to open at the Dubai Hills Mall in the upcoming mon ...

NEWPORT BEACH, Calif., Oct. 2, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announces the opening of its first restaurant in Dubai today in partnership with leading international franchise retail operator Alshaya Group. Located at 'The Beach' at Jumeirah Beach Residence (JBR), this new location marks Chipotle's first restaurant in the United Arab Emirates, with a second location planned to open in the region at the Dubai Hills Mall in the coming months.Musthafa EK Photography - Professional Inter ...

Market Performance - Chipotle Mexican Grill's stock closed at $57.97, marking a -0.7% decline compared to the previous day, underperforming the S&P 500's 0.4% gain, the Dow's 0.62% rise, and the Nasdaq's 0.6% increase [1] - Over the past month, Chipotle's shares gained 4.68%, while the Retail-Wholesale sector rose 5.71% and the S&P 500 increased by 1.71% [1] Earnings and Revenue Projections - Chipotle Mexican Grill is expected to report earnings on October 29, 2024, with a projected EPS of $0.24, representing a 4.35% increase year-over-year [1] - Revenue for the upcoming quarter is forecasted at $2.81 billion, indicating a 13.64% growth compared to the same quarter last year [1] - For the full year, consensus estimates predict earnings of $1.08 per share and revenue of $11.33 billion, reflecting year-over-year increases of 20% and 14.78%, respectively [2] Analyst Revisions and Valuation - Recent revisions to analyst forecasts for Chipotle Mexican Grill can signal changing business trends, with positive revisions reflecting optimism about the company's profitability [2] - Chipotle currently holds a Zacks Rank of 4 (Sell), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [3] - The company trades at a Forward P/E ratio of 53.88, significantly higher than the industry average of 20.7, indicating a premium valuation [3] - Chipotle's PEG ratio stands at 2.44, slightly above the Retail - Restaurants industry average of 2.22 [3] Industry Context - The Retail - Restaurants industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 178, placing it in the bottom 30% of all industries [4] - Industries in the top 50% of the Zacks Industry Rank tend to outperform the bottom half by a factor of 2 to 1 [4]

The latest trading session saw Chipotle Mexican Grill (CMG) ending at $58.38, denoting a +0.72% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.04%.Heading into today, shares of the Mexican food chain had gained 3.24% over the past month, lagging the Retail-Wholesale sector's gain of 6.04% and outpacing the S&P 500's gain of 1.95% in that t ...

Chipotle Mexican Grill, Inc. (CMG) has faced significant volatility, with its stock dropping 10.4% over the past three months. The decline contrasts sharply with the broader Zacks Retail – Restaurants industry's 6% growth during the same period. One of the major reasons for Chipotle's recent struggles is the departure of CEO Brian Niccol, who left to take a role at Starbucks Corporation (SBUX) . Niccol's leadership was instrumental in Chipotle's resurgence, so his exit has raised concerns about the company' ...