Chipotle Mexican Grill
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Chipotle (CMG) to Report Q4 Earnings: What's in the Offing?
Zacks Investment Research· 2024-02-02 19:01
Chipotle Mexican Grill, Inc. (CMG) is scheduled to report fourth-quarter 2023 results on Feb 6. In the last reported quarter, the company delivered an earnings surprise of 8.6%.How Are Estimates Placed?The Zacks Consensus Estimate for fourth-quarter earnings is pegged at $9.71, indicating growth of 17.1% from $8.29 registered in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $2.5 billion, suggesting an increase of 14.2% from the prior-year quarter’s figure. Let’s discuss the facto ...
Wall Street's Insights Into Key Metrics Ahead of Chipotle (CMG) Q4 Earnings
Zacks Investment Research· 2024-02-01 15:21
The upcoming report from Chipotle Mexican Grill (CMG) is expected to reveal quarterly earnings of $9.71 per share, indicating an increase of 17.1% compared to the year-ago period. Analysts forecast revenues of $2.49 billion, representing an increase of 14.2% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates dur ...
CHIPOTLE UNVEILS ITS MUST-VISIT RESTAURANT GUIDE TO IMPRESS DATES ON VALENTINE'S DAY
Prnewswire· 2024-02-01 13:07
Chipotle unveils a curated list of its most unique restaurant locations for memorable Valentine's Day dining People with the word "Chipotle" in their online dating profiles are 2.4 times more likely to strike up a conversation with a potential match Chipotle will offer new Valentine's Day-themed virtual and physical gift cards for burrito lovers NEWPORT BEACH, Calif., Feb. 1, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today launched a new Must-Visit Restaurant list featuring its most unique lo ...
Chipotle Mexican Grill (CMG) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-01-30 23:56
In the latest trading session, Chipotle Mexican Grill (CMG) closed at $2,419.28, marking a +0.61% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.06% for the day. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.76%.Shares of the Mexican food chain have appreciated by 5.14% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 1.86% and the S&P 500's gain of 3.36%.The investment community will be paying clos ...
Chipotle Mexican Grill (CMG) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-01-30 16:06
Chipotle Mexican Grill (CMG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 6, 2024, might help the stock move higher if these key numbers are ...
5 Growth Stocks to Buy That Are Poised to Beat on Earnings
Zacks Investment Research· 2024-01-29 12:36
We are in the first leg of the fourth-quarter 2023 earnings season. The results have so far shown stability, mostly in line with expectations. The earnings results and management guidance will be crucial for market participants to gauge the health of the U.S. economy.Q4 Earnings So FarAs of Jan 26, 124 companies on the S&P 500 Index have reported their financial numbers. Total earnings for these 52 index members are down 0.4% from the same period last year on 3.4% higher revenues, with 79% beating EPS estim ...
Chipotle wants to hire 19K new employees as it gears up for 'burrito season'
Fox Business· 2024-01-24 18:25
Chipotle will hire more workers to help with its imminent "burrito season." The Mexican fast-food chain aims to take on a total of 19,000 new staff members before its restaurants experience their typical busy season that spans March to May, it said Wednesday.Chipotle’s announcement of hiring efforts coincided with the company unveiling a slew of new employee benefits. Eligible employees will now have access to a financial well-being education platform and up to 4% salary-based matching contributions to th ...
Chipotle looks to lure 19K Gen Z workers for ‘burrito season' with mental health perks
New York Post· 2024-01-24 16:35
Chipotle on Wednesday rolled out enhanced benefits to attract and retain Gen Z workers that prioritizes financial and mental health as it looks to hire 19,000 workers for the upcoming “burrito season.”The California-based chain said it would match up to 4% of an employee’s salary through contributions to their 401(k) if they make their student loan payments so that “employees who qualify no longer have to choose between paying off student debt or saving for retirement.”The new hires will also be offered ac ...
Chipotle to go on a hiring spree to prepare for the spring season
Invezz· 2024-01-24 13:51
Chipotle Mexican Grill Inc (NYSE: CMG) just revealed plans of hiring thousands of workers ahead of the upcoming spring season. Its shares are roughly flat at writing.Chipotle sees a busy spring season aheadCopy link to sectionOn Wednesday, the chain of fast food restaurants said it will hire roughly 19,000 workers in total. The announcement suggests Chipotle is expecting a busier than usual spring this year despite multiple price hikes in 2023. Note that the New York listed firm already employs over 110,000 ...
Chipotle wants to hire 19,000 workers for busy spring season, will offer new financial perks
CNBC· 2024-01-24 13:01
A "Now Hiring" sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC.Chipotle Mexican Grill hopes to recruit 19,000 new employees to make its burritos and bowls this spring, the company said Wednesday.The company's hiring target suggests it's expecting an even busier spring than usual, despite another round of menu price hikes in October. The chain's recruitment goal is about 27% higher than a year ago, when it sought 15,000 new workers for its so-called burrito season in ...