Chipotle Just Showed Off New Menu Items -- What Could Go Wrong? [The Motley Fool]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: The Motley Fool
The company has a whole slew (by its standards) of additions being tested. For years, Chipotle Mexican Grill ( NYSE:CMG ) kept its menu fairly rigid. It rarely added anything new, and when it did, it was a major event. Now, the company plans to change that. It has a slew of new items -- nachos, avocado tostadas, quesadillas, chocolate milkshakes, and more -- being tested at its NEXT Kitchen in New York. Not all of these items, though, will necessarily make it to the chain's restaurants. After being tested at NEXT, these new additions will be tested at a handful of Chipotle locations. If the results are good, then the company will roll them out around the country. This is a big change for Chipotle, which generally would add a single new ingredient to its menu less than once a year. That's clearly something that new CEO Brian Niccol wants to change, but the former Taco Bell boss' move is not without risks. Some new menu items may be coming to Chipotle. Image s
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News
- These California fast food restaurants raised menu prices [Yahoo! Finance]Yahoo! Finance
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- Chipotle Mexican Grill, Inc. (NYSE: CMG) had its price target raised by analysts at Evercore ISI from $2,900.00 to $3,200.00. They now have an "outperform" rating on the stock.MarketBeat
- Meet the Stock-Split Stock Making Wall Street History, Plus the Nasdaq Stock That Could Split Next [Yahoo! Finance]Yahoo! Finance
- Chipotle Mexican Grill (CMG) Reports Next Week: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
CMG
Earnings
- 2/6/24 - Beat
CMG
Sec Filings
- 4/8/24 - Form PRE
- 3/22/24 - Form 4
- 3/20/24 - Form 144
- CMG's page on the SEC website