I Love Chipotle, But Its Valuation Is An Appetite Killer

Landscape and nature photographer based in Upstate, New York Introduction: Chipotle Delivers A Double Beat After reporting its Q2 2024 numbers in the after-hours session yesterday, Chipotle Mexican Grill, Inc. (NYSE:CMG) saw its stock shoot up by ~15%, with the company registering a double beat: GoogleFinanceChipotle Q2 2024 Earnings (SeekingAlpha) In Q2 2024, Chipotle's revenue grew by 18.2% y/y to $3B, driven by an +11.1% increase in comparable store sales [+8.7% growth in user traffic (transactions)  ...