|Bid||422.320 x 100|
|Ask||422.570 x 100|
|Day's Range||386.110 - 424.500|
|52 Week Range||247.520 - 499.000|
|PE Ratio (TTM)||68.42|
|Earnings Date||Apr 23, 2018 - Apr 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||311.68|
Subways is shifting its strategy. The sandwich chain is closing about 500 stores in the U.S. this year. The move comes after the company reportedly closed more than 800 locations last year. Yahoo Finance's Seana Smith, Ethan Wolff-Mann and Dan Roberts discuss.
More than two years after illness outbreaks sunk Chipotle Mexican Grill Inc.’s customer traffic and share price, the company is showing signs of a turnaround owed to a new chief executive and price hikes, analysts say. Chipotle (CMG) reported a 7.4% revenue increase to $1.15 billion, a 2.2% same-store sales increase and earnings of $2.13 per share, up more than 33% year-over-year. Analysts moved the shares to market perform from underperform, and the price target was raised to $350 from $275.
In 1Q18, Chipotle Mexican Grill (CMG) posted SSSG (same-store sales growth) of 2.2% against analysts’ expectation of 1.3%. The SSSG was driven by growth in average check size of 4.7%. The increase in menu prices helped to drive the company’s average check size.
Chipotle Mexican Grill’s new chief executive said his recipe for reviving the burrito maker is simple: focus on improving the fast service and relatively simple menu that made the chain so popular to begin ...
Surging profits from higher prices and comp sales, a new CEO changing the narrative, and a likely short squeeze are driving the burrito chain's stock much higher.
Brian Niccol, the new chief executive at Chipotle Mexican Grill (CMG), got an enormous endorsement on Thursday, as shares of the restaurant chain soared 24% to $422 in midday trading. About a quarter of the company's float had been borrowed by short-sellers. It starts and ends with Niccol, who came to the company from Yum! Brands (YUM) chain Taco Bell on March 5.
The numbers came in way above expectations, with comparable sales growth and margins improving much more quickly than anticipated. Newly minted CEO Brian Niccol laid out a promising turnaround plan. Analysts proceeded to upgrade the stock.
If you hoped new leadership at Chipotle meant your dream of a breakfast burrito, handmade to your specifications by the same folks who already make your lunch and/or dinner, might come true, we have bad news. Brian Niccol has been on the job at Chipotle Mexican Grill (CMG) for less than 3 months—but he’s already squashed that dream.
Chipotle Mexican Grill (CMG) owns and operate all its restaurants. Thus, the sales from its restaurants constitute the company’s revenue. In 1Q18, the company posted revenue of $1.2 billion, which represents growth of 7.4% from $1.1 billion in 1Q17. The company’s 1Q18 revenue was in line with analysts’ expectations.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer interviewed Chipotle's new CEO Brian Niccol on CNBC and said the stock is probably done going down.
Chipotle Mexican Grill (CMG) posted its 1Q18 earnings after the market closed on April 25. The company posted adjusted EPS (earnings per share) of $2.13 on revenues of $1.2 billion. Compared to 1Q17, the company’s EPS rose 33.0%, while its revenue grew 7.4%.
Domino's Pizza surged after reporting its best EPS and revenue growth in years. Chipotle Mexican Grill soared on its strong earnings late Wednesday and bullish comments from its new CEO.
Chipotle's new CEO, Brian Niccol fueled investors' optimism on Thursday, outlining his vision for Chipotle's future on CNBC's "Squawk on the Street."
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Facebook, Inc. (NASDAQ: FB ) stock traded higher by ...
It’s a new day for Chipotle Mexican Grill Inc., and ideas that the company previously spurned -- such as drive-thrus and new menu items -- are now on the table. Shareholders are energized by these new potential ingredients in the burrito chain’s business mix, sending the stock up as much as 20 percent on Thursday after first-quarter results topped analysts’ projections. Investors are buying into the optimism of Chief Executive Officer Brian Niccol, who arrived in March from Taco Bell.
It’s a new day for Chipotle Mexican Grill Inc., and ideas that the company previously spurned -- such as drive-thrus and new menu items -- are now on the table. Investors are buying into the optimism of Chief Executive Officer Brian Niccol, who arrived in March from Taco Bell. The chain reported same-store sales that topped analysts’ projections, providing a welcome respite from the negative headlines of recent years, when Chipotle faced food-related illness outbreaks and slumping sales.
Chipotle's adjusted EPS of $2.13 was "easily ahead" of Slabaugh's estimate of $1.81 per share, which the company attributed to lower marketing costs and cost of sales that offset a higher tax rate, the analyst said in a Thursday note. Stephens is attributing the encouraging top-line print to a "fairly aggressive" menu price increase of 4.9 percent that helped counter a 3.3-percent decline in traffic. Chipotle also benefited in the quarter from continued contributions from queso and, to a smaller degree, the company's growth in initiatives including digital, delivery and catering, Slabaugh said.
Brian Niccol, Chipotle's new CEO, speaks with CNBC's Kate Rogers about his turnaround plans for the restaurant chain — plus his morning routine and favorite Chipotle order.