Wednesday July 24, 2024, 17:50:29

CMG (Post-Call): Q2 a Honey of a Quarter, But H2 Margin Pressure Anticipated

By Mark Kalinowski

After today’s (Wednesday’s) market close, Chipotle Mexican Grill reported that its Q2 adjusted EPS reached $0.34. This came in two cents ahead of our $0.32 forecast as well as sell-side consensus (according to Consensus Metrix) of $0.32.

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Wednesday June 26, 2024, 07:00:00

CMG: Updating Our Estimates to Reflect 50-for-1 Stock Split

By Mark Kalinowski

Today (Wednesday, June 26, 2024) is the first day that shares of Chipotle Mexican Grill will trade following their historic, 50-for-1 stock split. For more information about Chipotle’s first-ever stock split, click on:

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Monday June 17, 2024, 07:00:00

CMG: Adjusting Our Estimates (6/17/2024)

By Mark Kalinowski

The fast-casual segment of the domestic restaurant industry continues to put up both: (1) the highest same-store sales growth numbers of any major segment of the industry, and (2) the highest net-unit growth rates of any major sector. However, these gains are not nearly equal across all fast-casual concepts – clearly, some are doing much better than others on both of these fronts.

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