Chipotle Stock Is Soaring -- And It's About To Get A Lot Cheaper
Shares of Chipotle Mexican Grill soared on Thursday, rising some 7% on a strong first-quarter earnings report that crushed estimates.
Stay updated with breaking news from Braised Beef. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shares of Chipotle Mexican Grill soared on Thursday, rising some 7% on a strong first-quarter earnings report that crushed estimates.
Chipotle said first-quarter revenue increased 14.1% year-over-year to $2.702 billion, which beat the consensus estimate of $2.675 billion, according to Benzinga Pro. The fast-casual restaurant chain company reported adjusted earnings of $13.37 per share, which beat analyst estimates of $11.68 per share.
Chipotle says first-quarter revenue increased 14.1% year-over-year to $2.702 billion, which beat the consensus estimate of $2.675 billion, according to Benzinga Pro. The fast-casual restaurant chain company reported adjusted earnings of $13.37 per share, which beat analyst estimates of $11.68 per share.
From Jim Beam bourbon-spiked coolers to Trader Joe’s dairy-free take on Cheez-Its, we’re serving up the best in vegan food news of the week.
Food industry news, voices and jobs. Optimized for your mobile phone.