U.S. Markets close in 2 hrs 52 mins

Today’s Research Reports on Stocks to Watch: Chipotle Mexican Grill and Universal Corporation

NEW YORK, NY / ACCESSWIRE / May 25, 2018 / Chipotle shares traded pretty flat on Thursday but that didn't mean there wasn't some positive developments going on with the Mexican burrito chain. The company announced it is moving its headquarters from Colorado to California and that it would be adding mobile drive-thru windows at locations. Shares of Universal Corporation saw big gains after reporting fourth quarter and full year results on Wednesday.

RDI Initiates Coverage on:

Chipotle Mexican Grill, Inc.

Universal Corporation

Chipotle Mexican Grill, Inc. shares closed down a modest 0.48% yesterday on nearly 300,000 shares traded. Despite the flat day of trading, Chipotle had some big news. The burrito restaurant chain announced that it would be adding mobile drive-thru windows at its restaurants across the country. So far stores in Tennessee, Ohio, Texas, and Massachusetts already offer the feature and more locations are expected. Customers will not be able to order food at the windows but will be able to pick up their orders after placing them on the company's app or online firm. According to chief digital and information officer, Curt Garner, "[CEO] Brian [Niccol] has said very well that Chipotle has this huge opportunity ahead of us as it relates to access. We still only have 2,500 locations. There are plenty of places and occasions for us to continue to grow into. But as we've looked at access, we've also looked at it in terms of different restaurant formats and these mobile drive-thru pick-up restaurants are part of that." The company also announced that it would be moving its corporate headquarters from Colorado to California. CEO Brian Niccol has said that the move will help drive sustainable growth and position the company to compete for top talent.

Access RDI's Chipotle Mexican Grill, Inc. Research Report at:

Universal Corporation shares closed up nearly 30% on Thursday with around 1.4 million shares traded. It was on Wednesday that the company reported fiscal fourth quarter results. Net income hit $30.5 million, a pleasant change after the company reported a loss in the year ago quarter. Earnings per share was $1.20 while adjusted earnings were $1.44 a share. Revenue for the period was $607.5 million. For the full year revenue was $2.03 billion while earnings per share were $4.14. VP and Treasurer, Candace C. Formacek, stated, "We are pleased with our good results for fiscal year 2018. Net income remained steady at about $106 million, despite modestly lower lamina volumes and a slight decline in operating income to $171 million, compared to fiscal year 2017. We also continue to grow our market share and expand the services we provide our customers, including gaining new multi-year processing commitments in Brazil."

Access RDI's Universal Corporation Research Report at:

Our Actionable Research on Chipotle Mexican Grill, Inc. (NYSE: CMG) and Universal Corporation (NYSE: UVV) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.


For any questions, inquiries, or comments reach out to us directly at:


Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011



CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com