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Stock impact report

A Look Back at Modern Fast Food Stocks' Q1 Earnings: Chipotle (NYSE:CMG) Vs The Rest Of The Pack [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
Modern fast food is a relatively newer category representing a middle ground between traditional fast food and sit-down restaurants. These establishments feature an expanded menu selection priced above traditional fast food options, often incorporating fresher and cleaner ingredients to serve customers prioritizing quality. These eateries are capitalizing on the perception that your drive-through burger and fries joint is detrimental to your health because of inferior ingredients. The 6 modern fast food stocks we track reported a very strong Q1; on average, revenues beat analyst consensus estimates by 2.3%. Stocks--especially those trading at higher multiples--had a strong end of 2023, but 2024 has seen periods of volatility. Mixed signals about inflation have led to uncertainty around rate cuts, and modern fast food stocks have held roughly steady amidst all this, with share prices up 4.1% on average since the previous earnings results. Chipotle (NYSE:CMG) Born from a desire t Show less Read more
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