Chipotle Mexican Grill Aktie News

The brand is inviting healthcare professionals to sign up for a chance to receive free burritos in celebration of National Nurses Week A total of 100,000 verified healthcare workers will receive free burrito e-cards, equivalent to over $1 million in free Chipotle NEWPORT BEACH, Calif. , May 1, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today it will recognize the healthca...

Transaction counts and average check sizes were up in Q1, despite macro uncertainty. Management remains committed to its aggressive expansion strategy.

The stock market can feel like easy money when every investment rises. However, the stock market is volatile and periodically goes through sharp corrections.

The first-quarter earnings train is running at full steam now with company results coming at us fast and furiously. FactSet reports that with 46% of companies listed on the benchmark S&P 500 index having reported financial results, 77% have beaten expectations for their earnings, while 60% have announced better-than-expected revenue.

The price action in Chipotle Mexican Grill NYSE: CMG has been smoking hot, and it is not over yet. The 1100% gain posted since 2017 is the tip of the iceberg for this fast-growing, fast-casual restaurant that is gaining leverage and on the brink of an international expansion.

Prices at Chipotle, McDonald's and other fast-food giants in California are rising after a minimum wage hike went into effect in the state.

Chipotle's restaurant profits are hitting all-time highs and have increased dramatically in recent years. Improvements to restaurant-level profitability are fueling higher company-wide profits and robust stock returns.

Ackman placed 18% in one restaurant stock and an additional 18% in another fast food chain. One has significantly outperformed the S&P 500, while the other has lagged in recent years.