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Chipotle's stock increased by 30% since May 2023 but declined 20% since its peak. The company's international expansion, particularly in Europe and Canada, is a key driver of future growth, despite challenges like rising labor costs and food portion issues. Economic risks and industry trends, including a potential price war and declining restaurant traffic, pose short-term challenges, but Chipotle's healthier menu options provide a competitive edge.
A little over a dozen brand-name businesses have announced or completed a stock split since 2024 began. A well-known consumer-facing company that's gained more than 12,200% since its IPO may have trouble justifying its valuation moving forward.
Chipotle's Mexican-inspired, tender Smoked Brisket returns to the menu after three years. Fans can experience Smoked Brisket with a $0 delivery fee offer* for a limited time.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Chipotle Mexican Grill shares are 20% below their 52-week high. The company's CEO abruptly jumped ship for a new company.
Chipotle's CEO has left to take over the top job at Starbucks. Its successful formula is simple enough that investors should remain confident.
NEWPORT BEACH, Calif. , Sept. 4, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call on Tuesday, October 29, 2024 at 4:30 PM Eastern time to discuss third quarter financial results and provide a business update for the fourth quarter to date.
Former Chipotle (CMG) CEO Brian Niccol will take the lead position for Starbucks (SBUX) starting next week. Megan Brantley with @LikeFolio says the Mexican Grill company still has room to grow after Niccol's departure.
When investing in the stock market, it makes sense to always look for businesses that have seen the ups and downs and thrived.
After a 20% increase since the beginning of this year, at the current price of around $56 per share, we believe Chipotle Mexican Grill stock (NYSE: CMG), a fast-casual restaurant chain that focuses on fresh and organic ingredients in burritos, salads, and more - could see modest growth. CMG stock has increased from around $46 to $56 year-to-date, outperforming the broader indices, with the S&P growing about 17% over the same period.