Can Chipotle keep climbing?The post-Brian Niccol era is underway at Chipotle Mexican Grill (CMG 5.06%), and it's off to an inauspicious start.Shares of the burrito chain are down about 8% since the company missed top-line estimates and reported its slowest earnings growth in more than two years.Chipotle posted same-store sales growth of 6%, which contributed to revenue's 13% rise to $2.79 billion, though that fell short of the analyst consensus at $2.82 billion. Further down the income statement, its restau ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Chipotle Mexican Grill (CMG) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Chipotle Mexican Grill is one of 210 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #8 within the Zacks Sector Rank. ...

Chipotle said that it has been consistently offering "generous portions" in an effort to satisfy the customers who complained on social media that they were getting skimped on the size of their servings.  Interim CEO Scott Boatwright told analysts on Tuesday that proof is on the company's social media platforms, where he said people are "posting big burritos, big bowls and really excited about portioning they're getting in the Chipotle brand." Boatwright said that it's a "reverse of what we saw earlier in t ...

Chipotle is growing like crazy, so why is the stock down?Expectations are so high for Chipotle (CMG -7.87%) that even an incredible quarter isn't met with a positive reaction from the market. In the video below, Travis Hoium shows why good isn't good enough.*Stock prices used were end-of-day prices of Oct. 30, 2024. The video was published on Oct. 30, 2024. ...

Chipotle Mexican Grill TodayCMGChipotle Mexican Grill$55.76 -4.73 (-7.82%) 52-Week Range$38.01▼$69.26P/E Ratio54.62Price Target$64.47Add to WatchlistThe market for Chipotle Mexican Grill NYSE: CMG stock served up a nice dip, and savvy investors are buying. Lackluster results and guidance drove the dip in price action, but the move is entirely sentiment-driven; the results failed to impress relative to the consensus estimates but are still excellent, driving value gains for investors.  The initial takeaway i ...

Chipotle says it's tried to ensure "consistent and generous portions" after customer complaints.The move and unusual price fluctuations for avocados have hit the chain's profitability.Execs say the brand's focus on offering value has had a positive response. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized ...

Is this stellar business facing troubling headwinds? Shares of popular restaurant chain Chipotle Mexican Grill (CMG -6.61%) fell on Wednesday after the company reported financial results for the third quarter of 2024. While financial results were strong, analysts seemed skeptical about the business looking forward. As of 11:30 a.m. ET, Chipotle stock was down almost 7%. A good quarter but investors are worried In Q3, Chipotle's business was booming. Same-store sales jumped by 6% year over year, helped by tr ...

Shares of Chipotle Mexican Grill, Inc. (CMG) declined 5.3% in the after-hour trading session yesterday after the company reported mixed third-quarter results. The company's earnings beat the Zacks Consensus Estimate for the seventh consecutive quarter but revenues missed the same after beating in the preceding four quarters. However, both top and bottom lines increased year over year. The company benefited from new restaurant openings and a rise in comparable restaurant sales. Higher transactions and an inc ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Chipotle Mexican Grill, Inc. (NYSE:CMG) Q3 2024 Earnings Call Transcript October 29, 2024 4:30 PM ET Company Participants Cindy Olsen - Head of Investor Relations and Strategy Scott Boatwright - Interim Chief Executive Officer Adam Rymer - Chief Financial Officer Jack Hartung - President and Chief Strategy Officer Conference Call Participants Andrew Charles - TD Cowan David Tarantino - Baird Sara Senatore - Bank of America David Palmer - Evercore ISI Christine Zhao - Goldman Sachs Brian Harbour - Morgan Sta ...