Chipotle CEO: Consumer environment still strong despite the 'noise' [CNBC]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: CNBC
Chipotle CEO: Consumer environment still strong despite the 'noise' Despite the longest federal government shutdown in U.S. history and stock market volatility, Chipotle Mexican Grill "There's obviously a lot of noise surrounding their life but you know, jobs continue to be very healthy, gas prices continue to be low, sentiment is still very positive," Niccol told CNBC's Kate Rogers A slowdown in the U.S. economy would mean fewer customers willing to buy burritos and pay extra for guacamole, but Niccol said he believes that there's a great deal of growth to come for the company. Part of his strategy involves investing in digital sales, which could draw fans to spend more on the restaurant's food. Investors are also optimistic about Chipotle under Niccol's leadership. Even with market volatility over the last month, the company's stock is up 11 percent in that period. But low unemployment numbers have also been squeezing Chipotle. Niccol said that the restaurant chain has to be relentl
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CMG
News
- Chipotle Mexican Grill, Inc. (NYSE: CMG) had its price target raised by analysts at Wells Fargo & Company from $3,285.00 to $3,300.00. They now have an "overweight" rating on the stock.MarketBeat
- Chipotle Mexican Grill, Inc. (NYSE: CMG) had its price target raised by analysts at Evercore ISI from $3,200.00 to $3,600.00. They now have an "outperform" rating on the stock.MarketBeat
- Chipotle Mexican Grill, Inc. (NYSE: CMG) had its price target raised by analysts at Piper Sandler from $2,442.00 to $3,070.00. They now have a "neutral" rating on the stock.MarketBeat
- Chipotle Mexican Grill, Inc.'s (NYSE:CMG) Stock Is Going Strong: Is the Market Following Fundamentals? [Yahoo! Finance]Yahoo! Finance
- Chipotle Mexican Grill, Inc. (NYSE: CMG) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $3,300.00 price target on the stock, up previously from $2,825.00.MarketBeat
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 4/24/24 - Form 8-K
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- CMG's page on the SEC website