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Stock impact report

Can Cava Stock Make You a Millionaire One Day? [Yahoo! Finance]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: Yahoo! Finance
Shares of the Mediterranean-focused restaurant chain are up 51% year to date (as of March 19). That gain exceeds the return of the S&P 500 by a wide margin. While it wins over skeptics, some of the most bullish investors are hoping that there are even better days ahead. Can this hot new restaurant stock make you a millionaire one day? I believe it's best to view this business with both a short- and long-term perspective before coming to a conclusion about that question. Looking at recent trends Cava offers healthy food choices, like build-your-own pitas and bowls, in a fast-casual setting that is really catching on with consumers. There's no denying that the company is gaining momentum. It opened 72 net new locations in 2023, bringing the total to 309. This helped drive year-over-year sales growth of 59.8%. And after reporting a net loss of $59 million in 2022, the company finally achieved full-year profitability, generating $13 million in net income last year. Operating expen Show less Read more
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