Tuesday April 25, 2023, 17:48:36
By Mark Kalinowski
After today’s (Tuesday’s) market close, Chipotle Mexican Grill reported Q1 EPS of $10.50, coming in well above our $8.95 estimate, as well as sell-side consensus (according to Consensus Metrix) that had moved up to $8.95 in recent days.
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Wednesday March 22, 2023, 07:00:00
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
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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