Pigs get fat, hogs get slaughtered...
Double top is in. Take your profits and run.
It's just a quarterly swing - look at future quarters - don't get hung up on this quarter.
Why are next quarter EPS trends in Yahoo going down for the next quarter? I thought this was a growth story?
EPS Trends Current Qtr.
Sep 13 Next Qtr.
Current Estimate 2.74
7 Days Ago 2.74
30 Days Ago 2.74
60 Days Ago 2.75
90 Days Ago 2.77
Avg 12mos sales a year ago were $2,106 and a year later have only risen to $2,119 (as per press release). Comps have been positive all year, how can average store sales only be up 60bps? ($2,119 - $2,106 / 2,106).
How do average restuarant sales grow to $2,119 from $2,106 LY with a 5.5% comp rate? Are the new stores not perfroming? A 5.5% growth should have increased avg sales from $2,106 to over $2,200.
What's going on here!!!!!!!!!!!!!!!!!
Chipotle Mexican Grill, Inc.
Supplemental Financial and Other Data
(dollars in thousands)
For the three months ended
Jun. 30, Jun. 30,
Average restaurant sales $2,119 $2,106
Comparable restaurant sales increases 5.5 % 8.0 %
5.6% comps would be an amazing recovery. I think we will see comps in the range of 1-2%, it's hard to move the needle with this many stores, plus adding 180 stores/year has to be hurting comp sales at nearby locations.