2 Restaurant Stocks to Buy and Hold for Great Long-Term Potential [Yahoo! Finance]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: Yahoo! Finance
Chipotle Mexican Grill (NYSE: CMG) , for example, is more than a 50-bagger from its 2006 initial public offering (IPO). After a number of disappointments in the restaurant industry in the 2010s, investor expectations seem to have been reset, and that has set up two restaurant stocks for big potential gains. Let's take a closer look at them. 1. Cava Group Plenty of restaurant stocks have been dubbed the next Chipotle. Those have mostly disappointed, but Cava Group (NYSE: CAVA) actually looks like the real deal. Cava is a fast-casual chain focused on Mediterranean food, and its menu and decor closely resemble Chipotle. It offers rolled-up pita sandwiches that look like burritos, along with bowls, and its restaurants have the same industrial minimalist aesthetic that Chipotle is known for at its locations. But it's not just the food that's reminiscent of Chipotle. Cava, which went public last June, also has the numbers to match. The company saw revenue jump 52.5% to $175.5 mill
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News
- National Nurses Week 2024: Chipotle's free burrito giveaway, more deals and discounts [USA TODAY]USA TODAY
- Cinco de Mayo 2024 food and drink specials: Deals at Taco Bell, Chipotle, TGI Fridays, more [USA TODAY]USA TODAY
- What went wrong at Red Lobster [CNN]CNN
- Red Lobster brought seafood to the masses. Now it's on the verge of bankruptcy [Yahoo! Finance]Yahoo! Finance
- Red Lobster brought seafood to the masses. Now it's on the verge of bankruptcy [CNN]CNN
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 5/3/24 - Form DEFA14A
- 5/1/24 - Form PX14A6G
- 4/29/24 - Form 4
- CMG's page on the SEC website