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August 3, 2024 at 6:06 PM. Chipotle Mexican Grill (NYSE: CMG) has been a huge success for investors. That's largely because the brand concept has been a huge success with consumers. The latest ...
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Chipotle Mexican Grill. Chipotle Mexican Grill, Inc. ( / tʃɪˈpoʊtleɪ /, chih-POAT-lay ), [3] often known simply as Chipotle, is an international chain of fast casual restaurants specializing in bowls, 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]
Here's what Chipotle posted in Q2 2024, compared to Bloomberg consensus data: Revenue: $2.97 billion versus $2.94 billion. Adjusted earnings per share: $0.34 versus $0.32. Same-store sales growth ...
Chipotle opened 52 new company-owned locations and one new international licensed restaurant during the quarter. The company reiterated its full-year outlook that same-store sales will grow by a ...
July 31, 2024 at 9:24 AM. WASHINGTON (AP) — The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and ...
In 2023, Chipotle generated $9.9 billion in revenue, a 14% jump from 2022's $8.6 billion. In addition, its net income increased a whopping 37% year over year to $1.2 billion.
For perspective, shares of Chipotle traded around $250 per share in 2018 but had risen to above $3,000 earlier this year. Management wanted to bring down the price, so it did a 50-for-1 split in June.