McDonald's Investors Need to Watch This Number After Its Solid Quarter [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
Most of the results look good, but the burger joint can't let customer traffic get away from it. Intense competition for breakfast dollars has McDonald's ( NYSE:MCD ) seeing lower breakfast sales, but the fast food giant still turned in a solid first-quarter earnings report that beat analyst expectations. However, investors would be smart to keep an eye on the ability of the burger joint to continue attracting more customers. Profits rose at a higher rate than even sales, but McDonald's growth seemed to be predicated on charging higher prices in the quarter, not on improved customer traffic. McDonald's is still having a tough time attracting customers to its U.S. stores. Image source: McDonald's. A two-way street on traffic Last year, McDonald's finally broke a four-year record of falling guest counts at its restaurants, during which its CEO, Steve Easterbrook, estimated the chain lost a half-million customers. By concentrating once again on the value end
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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