why cant they dump last week?
window dressing for 4th quarter is over
I can get anything I WANT at home.
I know when the veggies were washed and where they come from and who washed them.
2-3 years is a long time,if they cant turn around in a year,they should not be in business.
You are buying the atmosphere, the table,silverware,restroom,lighting and you dont wash dishes and get free napkins.
For that price,you can go to Chinatown and get 12 potstickers plus a bowl of hot and sour soup
No,it is CMG buying back its own stock,the board has just approved more $$ to buy.
Chipotle's problems will likely continue throughout 2016 as year-over-year traffic will decline considerably. According to a recent survey conducted by Morgan Stanley, approximately 15% of the people surveyed said they would not return to eat at Chipotle "for a long time, if ever."
because it is touted as a growth stock,and the idea of fresh ingredient /organic,attract the heath conscious,the MeXICAN food crowd.
There is also this 'fad' factor,like eating sushi,raw steak,Brazilian !!
arent they also going to launch some marketing campaign to bring the customers back like free food or commercials,that would cost money too.
If few come back,they wil have to throw the food away.
yes,there is buy back,there is no way the stock goes up 21 points on a day when the market dropped a few hundred points!
It is foolish to buy at this level now,there is no guarantee business will be back to normal after their clean up efforts,it will take time for the customers to come back.
By Big boys,do you mean the institution money?
They may not be buying CMG if the market keeps dropping,there are better opportunities elsewhere.
I think this incident reminds diners that there is always risk in eating out and ordering food with fresh ingredient .
This knowledge is not going to go away.
I still remember the restaurant (is it sizzler or another similar one?) ,the worker used the same knife to cut water melon after cutting up some beef and a little girl died .
Or Taco Bell ?which did not wash the green onion or the cilantro?
People will continue to dine out but they will remind themselves the risk of ordering food with fresh ingredient.
Some may just order cooked food or throw the fresh ingredient out,like parsley which is often used as decoration?
may be they have to write the manual first?
like washing your hands after using the bathroom,dont pick your nose infront of the customer?dont spit on food ?
how filling are they steak burrito?
If most diners are young folks,dont they need more?
I never feel full at Subway,once I had a sandwich after getting off airport shuttlebus ,by the time I walked home,I am hungry again,
Me think Value Line estimate may be a little t oo high as CMG is closing stores and spending money t o clean u p and shape up
so PE for 2015 would be 31 based on closing price of 476 and PE for 2016 would be 25.
Reasonable for a growth stock,if it grows !!!!!!!!!