Will Chipotle's Q3 Earnings Point to an Ongoing Recovery?
It's been a rough few months for Chipotle Mexican Grill (NYSE: CMG). Shares of the fast casual chain are down over 20% since its third quarter started on July 1, and the stock's hopeful comeback has seemingly come off the rails.
Yet another food safety incident in July was followed by the mixed reception of its long-awaited queso offering. With Chipotle set to report earnings after the market close on Oct. 24, let's see what investors should expect from the quarterly results and beyond.
Image source: Chipotle Mexican Grill.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€45.89
-2.400%
The stock is one of the favorites of our community with 73 Buy predictions and 1 Sell predictions.
With a target price of 2425 € there is potential for a 5184.95% increase which would mean more than doubling the current price of 45.89 € for Chipotle Mexican Grill Inc..
