Spicing Up the Market: Chipotle's Earnings Beat Heats Up Restaurant Stocks [Yahoo! Finance]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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US:NYSE Investor Relations:
ir.chipotle.com
Company Research
Source: Yahoo! Finance
Chipotle had another stellar quarter of business activity, growing revenues 14.1% YoY, increasing margins, and opening 47 new restaurants with 43 including a Chipotlane, a drive through option. Chipotle Mexican Grill is an innovator in the restaurant space, commercializing the fast-casual concept and leading the way for the industry. Shareholders have benefitted tremendously from Chipotle's success as the stock has compounded at an annual rate of 19.7%, well above the broad market and industry. With analyst beating earnings, and a top Zacks Rank Chipotle Mexican Grill makes for a worthy consideration in any investor's portfolio. Additionally, several other up and coming restaurant stocks offer huge opportunity, and the sector as a whole has shown relative strength during the recent market selloff. Here we will cover Chipotle's earnings and share two other top ranked restaurant stock to dive into. Image Source: Zacks Investment Research Earnings Results Chipotle reported a
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News
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CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 5/3/24 - Form DEFA14A
- 5/1/24 - Form PX14A6G
- 4/29/24 - Form 4
- CMG's page on the SEC website