Company
NYSE:CMG
Chipotle Mexican Grill Inc is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. The company had over 3,300 restaurants as of September 30, 2023, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants in North America and Europe.
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In the second quarter, earnings rose to US$66.7mln, or US$2.32 a share, from US$25.6mln, or 87 US cents a share, a year ago. Revenue grew 17.1% to US$1.17bn while same-store sales rose 8.1%. Analysts had targeted earnings of US$2.18 a share
We take a look at the main movers and shakers after hours in New York
Two years ago the firm hit headlines after a string of food safety incidents battered sales. Since then it has been trying to recover...
The fast food group has been beset with issues in recent years including hacking and an e-Coli outbreak .
A post on the Chipotle website on Friday (May26) said an investigation had been completed
The fast-casual Mexican food restaurant operator said it believes the issue has been contained, and additional security measures have been taken, although an investigation into the matter is continuing
The data comes from the firm M Science about the group..
US stocks ended softer on Thursday after oil supplies surprisingly jumped in the world’s biggest economy and pushed energy prices lower
US stocks closed just shy of record highs on Tuesday after a seesaw session which saw investors brush off depressed oil prices
US stocks closed lower on Wednesday as earnings weighed, with the losses more pronounced in the smaller cap sectors
Chipotle tries to lure customers back with its new chorizos tacos
Pershing Square Capital Management buys 9.9% of Mexican-style casual dining chain
US stocks closed mixed Wednesday, with consumer staples lagging, as investors digested the release of the Federal Reserve's Beige Book
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The Missouri-based broker expects the US economy to fall into recession within the next year
Like-for-like sales plunged by almost 30% in the three months to March while sales overall dropped 23% to US$835mln.
Wall Street stocks are seen in positive territory though earnings reports will likely provide the day's highlights.
Also covered: Lockheed Martin, Chipotle Mexican Grill, Argonaut Gold, Cavium
Can NYSE owners still land a deal to scupper Deutsche Boerse's merger ambitions with London far greater than the risks of "Brexit"?
Investments and investor services
Blue-chips put on a late spurt to propel the major indexes comfortably into positive territory.
It is not looking so good for energy stocks, but otherwise US blue-chips look set to open modestly firmer.
