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Chipotle (CMG) Gears Up to Report Q1 Earnings: What to Expect?
Zacks Investment Research· 2024-04-19 16:36
Chipotle Mexican Grill, Inc. (CMG) is scheduled to report first-quarter 2024 results on Apr 24. In the last reported quarter, the company delivered an earnings surprise of 6.5%.How Are Estimates Placed?The Zacks Consensus Estimate for first-quarter earnings is pegged at $11.56, indicating growth of 10.1% from $10.5 registered in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $2.7 billion, suggesting an increase of 12.8% from the prior-year quarter’s figure. Let’s discuss the facto ...
CHIPOTLE'S HOCKEY JERSEY BOGO OFFER RETURNS IN THE U.S. AND CANADA FOR THE 2024 STANLEY CUP® PLAYOFFS
Prnewswire· 2024-04-17 12:08
Hockey fans can score a BUY-ONE-GET-ONE (BOGO) deal at participating restaurants on April 22, 2024 NEWPORT BEACH, Calif., April 17, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today a "Wear Your Hockey Jersey" program that will offer a BUY-ONE-GET-ONE (BOGO) deal on entrees to in-restaurant diners who don a hockey jersey on Monday, April 22 after 3:00pm local time. The promotion is valid at all participating Chipotle restaurants in the U.S. and Canada. Chipotle is offering a BUY-ON ...
Chipotle: Buy, Sell, or Hold?
The Motley Fool· 2024-04-14 16:05
Chipotle is set to split its stock in June. Here's how investors should handle the news.Last month, Chipotle Mexican Grill (CMG -1.11%) announced plans for a 50-for-1 stock split. Since the announcement, the fast-casual Mexican restaurant's stock has jumped 7% to an all-time high of about $3,000 per share. Those latest gains capped off a one-year surge of more than 70%. Given this strong rally and the excitement around the 50-for-1 split, let's dive into this business to see how investors should proceed wit ...
5 Solid Stocks to Bet On This Earnings Season
Zacks Investment Research· 2024-04-10 14:36
The first-quarter 2024 earnings season will kick off this week, with the banking sector slated to report numbers. There has been a deceleration in the earnings outlook in recent months, with negative revisions for several key sectors since the start of the first quarter.While most of the stocks are expected to outperform this earnings season, we have zeroed in on the best stocks of the sectors that have a high chance of surprising in their upcoming releases. These stocks — Meta Platforms (META) , Chipotle M ...
CHIPOTLE BURRITOS GO GREEN IN AUGUSTA, GA TO KICK-OFF GOLF'S BIGGEST TOURNAMENT
Prnewswire· 2024-04-10 13:28
Starting today through Sunday, April 14, Chipotle's restaurant in Augusta, GA will wrap guests' in-restaurant and digital burrito orders in a limited-edition green foil Chipotle is officially sponsoring superfan and pro golfer Max Homa. Homa will debut the Chipotle logo on his golf bag this week NEWPORT BEACH, Calif., April 10, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it will offer green-foil wrapped burritos at its restaurant in Augusta, GA to celebrate golf's most anticipat ...
Chipotle Mexican Grill (CMG) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-04-09 22:51
Chipotle Mexican Grill (CMG) closed at $2,926.96 in the latest trading session, marking a -0.16% move from the prior day. This change lagged the S&P 500's 0.15% gain on the day. At the same time, the Dow lost 0.02%, and the tech-heavy Nasdaq gained 0.32%.Prior to today's trading, shares of the Mexican food chain had gained 10.1% over the past month. This has outpaced the Retail-Wholesale sector's gain of 1.12% and the S&P 500's gain of 1.65% in that time.Investors will be eagerly watching for the performanc ...
YUMC vs. CMG: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-09 16:41
Investors interested in stocks from the Retail - Restaurants sector have probably already heard of Yum China Holdings (YUMC) and Chipotle Mexican Grill (CMG) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong e ...
Chipotle Mexican Grill Stock Has 15% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-04-08 19:00
This top restaurant brand is clicking on all cylinders and aiming for more growth.Chipotle Mexican Grill (CMG 0.55%) is coming off a solid year of growth, and analysts at Citigroup expect the company will file a report that keeps the momentum going when it releases first-quarter results on April 24.Citi maintained a buy rating on the shares but raised the price target from $3,016 to $3,358, or a 15% upside over the next 12 months or so from the current share price of $2,918.Of course, the price target is no ...
CHIPOTLE KICKS OFF PARTNERSHIP WITH TEKKEN™ 8, RETURNS WITH NEW EXCLUSIVE EXPERIENCES FOR THE FIGHTING GAME COMMUNITY (FGC)
Prnewswire· 2024-04-08 12:06
Chipotle is an official partner of TEKKEN 8, the biggest fighting game release of 2024 For the first time, players can earn in-game currency with digital orders on the Chipotle app and Chipotle.com and through the Chipotle Rewards Exchange The TEKKEN 8 Battle Bowl, a digital menu item built for and by the TEKKEN community, will be featured on the Chipotle app and Chipotle.com for a limited time The 2024 Chipotle Challenger Series (CCS) will feature TEKKEN 8 as its title game. Hosted in collaboration with S ...
Is Chipotle a Once-in-a-Generation Investment Opportunity Ahead of Its 50-for-1 Stock Split?
The Motley Fool· 2024-04-07 07:18
The popular fast-casual chain has been a big winner for shareholders.When its 2023 fourth-quarter financials were released almost two months ago, Chipotle Mexican Grill (CMG 1.73%) announced results that easily beat Wall Street estimates. But in more recent times, shareholders are excited about a new development.On March 19, the Tex-Mex restaurant chain announced a massive 50-for-1 stock split. Since then, shares have climbed about 4% (as of April 2), and they are up 27% this year. There's clearly strong in ...