The 4 Most Important Things Following Chipotle Mexican Grill's Earnings
Chipotle Mexican Grill, Inc. (NYSE: CMG) released earnings for its third quarter after market close on Oct. 24, 2017, reporting strong earnings growth and an improvement in a number of important operating metrics.
Unfortunately, the burrito-maker's revenue growth of 8.8%, same store sales -- also called comps -- growth of only 1%, and the announcement that the company was substantially slowing its future plans for store expansion are weighing heavily on the stock in trading on Oct. 25. At this writing just after noon EDT, Chipotle's stock is down 15%, putting Chipotle's share price at its lowest in almost five years.
Image source: Chipotle.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€49.00
0.790%
The stock is one of the favorites of our community with 70 Buy predictions and 1 Sell predictions.
With a target price of 2478 € there is potential for a 4957.66% increase which would mean more than doubling the current price of 49.0 € for Chipotle Mexican Grill Inc..
