Maybe the Meal-Kit Industry Isn’t Dead: DealBook Briefing [The New York Times]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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ir.chipotle.com
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Source: The New York Times
• The company’s customer rolls dropped 15 percent year-on-year to 746,000, though the company said that was to be expected from the lower marketing spend. • The average orders per customer and revenue per customer each rose a tiny bit. Blue Apron’s ability to hold the line on marketing expenses was probably the most promising sign, though that was in part because management was also focused on improving operations at the company’s distribution center in Linden, N.J. The HelloFresh perspective HelloFresh has had a better run in the stock markets since going public last year. The latest good news for the company: Its preliminary sales numbers for its just-closed fiscal quarter beat analyst expectations, while its customer base has grown. Here’s what its C.E.O., Dominik Richter, told me last week about why the meal-kit business isn’t doomed, necessarily: • His company has managed to make its marketing profitable, with every dollar spent turning into $3 in sales. • Though
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News
- Chipotle Mexican Grill (CMG) Q1 Earnings and Revenues Beat Estimates [Yahoo! Finance]Yahoo! Finance
- Chipotle to open its first-ever Oshkosh location [Yahoo! Finance]Yahoo! Finance
- Late Trading Dominated by Q1 Earnings: META, F, CMG & More [Yahoo! Finance]Yahoo! Finance
- Here's What Key Metrics Tell Us About Chipotle (CMG) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Chipotle posts big earnings beat as diners shake off higher prices [MSNBC.com]MSNBC.com
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