Chipotle Mexican Grill, Inc. Announces Fourth Quarter and Full Year 2015 Results; CDC Investigation Over; Chipotle Welcomes Customers Back to Restaurants
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Wells Fargo Upgrades Chipotle Mexican Grill (CMG) to Outperform
February 3, 2016 6:20 AM ESTWells Fargo upgraded Chipotle Mexican Grill (NYSE: CMG) from Market Perform to Outperform with a price target range of $500-$530 up from $420-$450.
Analyst Jeff Farmer commented, "Were upgrading shares to Outperform from Market Perform as two decades of food safety case studies indicate share price recoveries closely track the recapture of lost same-store-sales (SSS), and (2) the majority of restaurant concepts that have experienced a food safety issue see the return of... More
Chipotle Mexican Grill (CMG) Sees Q1 EPS Near Breakeven
February 2, 2016 5:32 PM ESTChipotle Mexican Grill (NYSE: CMG) sees Q1 EPS near break-even vs the consensus of $1.95.
... MoreChipotle Mexican Grill (CMG) to Make Huge Marketing Push
February 2, 2016 5:24 PM ESTOn its call, Chipotle Mexican Grill (NYSE: CMG) said it will make its largest direct marketing push in company history. Sees marketing cost weighing on margins.
Chipotle Mexican Grill (CMG) Tops Q4 EPS by 31c; Says CDC Investigation Over, Approves $300M Buyback
February 2, 2016 4:32 PM ESTChipotle Mexican Grill (NYSE: CMG) reported Q4 EPS of $2.17, $0.31 better than the analyst estimate of $1.86. Revenue for the quarter came in at $997.5 billion versus the consensus estimate of $1.01 billion.
Comparable restaurant sales decreased 14.6%
2016 will be a very difficult year relative to our past performance. But, by staying true to our food culture and unique people culture, and layering on our rigorous food... More
