Chipotle Proves Once Again Why Billionaire Warren Buffett Would Love the Company
Chipotle Mexican Grill(CMG) The Motley Fool·2024-05-01 12:45
This thriving restaurant chain has one key attribute that stands out.Like clockwork, Chipotle Mexican Grill (CMG -1.55%) once again beat Wall Street expectations. For the three-month period that ended March 31, the company reported revenue of $2.7 billion (up 14.1% year over year) and diluted earnings per share of $13.01 (up 23.9%). Shares moved higher following the news, and they are up 39% so far in 2024.The booming restaurant stock has been a massive winner for shareholders in recent years. It has attrac ...