Chipotle Mexican Grill (CMG) Says July Comps Down ~21% - Conf. Call
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Chipotle Mexican Grill (CMG) Grinds Higher Following EPS
July 22, 2016 10:23 AM EDTAfter opening flat, Chipotle Mexican Grill (NYSE: CMG) is now up 2.5% following lackluster earnings after the close.
Chipotle Mexican Grill (CMG) PT, Estimates Lowered at Nomura Amid Weak Q2
July 22, 2016 9:09 AM EDTNomura Securities analyst Mark Kalinowski reiterated a Neutral rating and lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $405.00 (from $420.00) following a weak Q2, as expected.
Kalinowski commented, "After Thursday's market close, Chipotle Mexican Grill (CMG; Neutral) reported Q2 EPS of $0.87,... More
Chipotle Mexican Grill (CMG) Cut to $330 at Jefferies
July 22, 2016 7:23 AM EDTJefferies analyst Andy Barish reiterated an Underperform rating and lowered his price target on Chipotle Mexican Grill (NYSE: CMG) to $330.00 (from $350.00) following Q2 results with SSS progress slow.
Barish commented, "2Q sss missed expectations again as the improvement in sss is coming more slowly... More
Chipotle sales miss as food freebies fail to lure diners
July 21, 2016 4:41 PM EDTBy Sruthi Ramakrishnan
(Reuters) - Chipotle Mexican Grill Inc (NYSE: CMG) reported a bigger-than-expected drop in quarterly comparable sales as food giveaways and enhanced safety measures failed to bring back diners shaken by a string of food-borne illnesses last year.
The restaurant chain has given away millions of free burritos and other menu items such as guacamole and chips to revive sales growth after outbreaks of E. coli, salmonella and norovirus linked to its outlets put off customers.
The company also launched its first-ever loyalty program in... More
Chipotle Mexican Grill (CMG) Misses Q2 EPS by 6c; Comps Fell More than Expected
July 21, 2016 4:11 PM EDTChipotle Mexican Grill (NYSE: CMG) reported Q2 EPS of $0.87, $0.06 worse than the analyst estimate of $0.93. Revenue for the quarter came in at $998.4 billion versus the consensus estimate of $1.05 billion.
Comps down 23.6 percent, est. down 20.6 percent.
Guidance:
For 2016, management expects... More
