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Stock impact report

Chipotle Proves Once Again Why Billionaire Warren Buffett Would Love the Company [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
For the three-month period that ended March 31, the company reported revenue of $2.7 billion (up 14.1% year over year) and diluted earnings per share of $13.01 (up 23.9%). Shares moved higher following the news, and they are up 39% so far in 2024. The booming restaurant stock has been a massive winner for shareholders in recent years. It has attractive qualities that any investor would love. Even the legendary Warren Buffett might appreciate what Chipotle is doing. Asking customers to pay more From a macro perspective, the past few years have been some of the most unusual in recent memory. Inflation has been a big topic. Even today, prices across the economy aren't coming back down toward the Federal Reserve's target of 2%. Some companies might struggle with this reality -- but not Chipotle. It has actually proven just how great it is. In order to combat inflationary pressures, whether it's for food, paper products, or labor, the business has been successful at raising its men Show less Read more
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