The 4 Biggest Things From Chipotle Mexican Grill's Earnings (and 1 Thing From After That Might Be More Important)
Chipotle Mexican Grill, Inc. (NYSE: CMG) announced second-quarter earnings on July 26, and there was a lot to like. The company showed more progress from its first-quarter results in April, with a huge jump in earnings year over year and sequentially. But another norovirus incident only days before earnings, followed by a video of rodents in another Chipotle restaurant, could have made all the progress made in recent quarters come to a screeching halt.
Keep reading to learn about the three things that stood out in Chipotle's earnings, as well as what could be the single most important thing investors should consider about the company right now.
Image source: Chipotle Mexican Grill.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€47.30
0.460%
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Based on the current price of 47.3 € the target price of 2478 € shows a potential of 5139.45% for Chipotle Mexican Grill Inc. which would more than double the current price.
