Wednesday March 22, 2023, 07:00:00

CMG: Updating Our Forecasts for Chipotle Mexican Grill

By Mark Kalinowski

We look for Chipotle Mexican Grill to release its first-quarter earnings after the market close on Tuesday, April 25th. For more information, please click on:

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Thursday March 9, 2023, 07:00:00

CMG: An Opportunity re: Stored Value Cards?

By Mark Kalinowski

The most recent 10-K for Starbucks (SBUX; Buy, $102.50) lists, as a deferred tax asset, about $1,662.6 million for “Stored value card liability and deferred revenue.” In other words, Starbucks has sold nearly $1.7 billion worth of Starbucks Cards for which the dollar value stored on those cards has not been redeemed. This is effectively an interest-free loan from those who have not used those funds yet, to Starbucks. A nice piece of business, indeed.

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Saturday February 11, 2023, 10:17:26

CMG: Chipotle Appears to be Hiring for a New Restaurant Concept

By Mark Kalinowski

Chipotle Mexican Grill appears to be starting up a new restaurant concept, with the first location to be a part of the Kitchen United Mix food hall located on the popular Third Street Promenade in Santa Monica, California.

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