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Cava's restaurant-level profit margin also improved from 26.1% in Q2 2023 to 26.5% in Q2 2024. ... Collin Brantmeyer has positions in Chipotle Mexican Grill. The Motley Fool has positions in and ...
If you apply between P/E multiples of 40 to 60 to my 2030 projected earnings for Chipotle, that gets a forecast stock price of between $130 and $195, with a midpoint of $162.50. Even if the stock ...
Chipotle Mexican Grill, Inc. (/ tʃ ɪ ˈ p oʊ t l eɪ /, chih-POAT-lay), [3] often known simply as Chipotle, is an international chain of fast casual restaurants specializing in Tex-Mex cuisine salads, tacos, and Mission burritos made to order in front of the customer. [4] [5] [6] As of June 30, 2024, Chipotle has 3,500 restaurants. [7]
Chipotle Mexican Grill reported quarterly results that missed expectations on Tuesday, sending shares down more than 5% in after-hours trading.In its fourth-quarter results, Chipotle posted same ...
In 2018, Niccol became the CEO of Chipotle Mexican Grill, replacing founder Steve Ells. [30] [31] During his tenure, he helped double Chipotle's revenue while its profits increased almost seven times. The stock price of Chipotle has increased by almost eight times under Niccol.
A big shake-up just hit Chipotle Mexican Grill (NYSE: CMG). Longtime chief executive officer ... Assuming consistent profit margins, that would only bring down Chipotle's P/E to 26.5, which is not ...
Chipotle Mexican Grill customers keep coming back for more despite higher prices and social media criticism of burrito bowl portion sizes. ... Chipotle reports big profit as diners shake off price ...
August 13, 2024 at 10:50 AM. Maggie Shannon for Fortune. When Brian Niccol became chief executive of Chipotle Mexican Grill in early 2018, he took the reins of a burrito chain struggling to win ...