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Piper Jaffray On Chipotle: Remain Patient In Owning Shares
Tuesday, June 20, 2017 - 9:39am | 328Chipotle Mexican Grill, Inc. (NYSE: CMG)'s guidance and spending update Monday was encouraging enough for analysts at Piper Jaffray to remain bullish on the company — despite a more than 5-percent decline in the stock in reaction to the announcement. Piper Jaffray's Nicole Miller Regan...
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Does Chipotle's Updated Guidance Change Anything?
Tuesday, June 20, 2017 - 8:24am | 418Chipotle Mexican Grill, Inc. (NYSE: CMG) released a regulatory 8-k filing after Monday's market close to "reaffirm and clarify" certain financial and operating metrics. Chipotle said it still expects food costs for the second quarter to be approximately 34.2 percent of sales. Moreover, marketing...
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Chipotle Shares Fall Further Following Updated Outlook, Receipt Of Grand Jury Subpoena
Wednesday, January 6, 2016 - 10:02am | 325Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) fell more than 6 percent early Wednesday morning after the company released an 8-K filing. Chipotle offered an update to its fourth quarter outlook, including: 1) comparable restaurant sales to be -14.6 percent, 2) non-recurring expenses to be...