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Stock Market & Financial Investment News

News Breaks
January 16, 2013
05:16 EDTCMGChipotle CEO says food costs rose faster than expected, should level off in 2013
"We are pleased with our top line revenue growth, as we opened a record number of new restaurants in 2012, and underlying comparable transaction growth continued during Q4. While food costs driven by underlying inflation increased faster than expected in Q4, we're optimistic that food inflation will level off in 2013. We are confident in our ability to continue to drive attractive top line sales growth in 2013 through a combination of new restaurant growth, and by having teams of empowered top performers providing an extraordinary dining experience for our customers," said Monty Moran, co-CEO of Chipotle.
News For CMG From The Last 14 Days
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August 29, 2014
09:10 EDTCMGChipotle customer order trends still strong, says OTR Global
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August 25, 2014
07:32 EDTCMGMcDonald's challenged as younger eaters defect to Chipotle, WSJ says
As McDonald's (MCD) faces a prolonged slump in sales growth, data compiled for The Wall Street Journal by Technomic showed that diners in their 20s and 30s are seeking out fresher, healthier food and defecting to competitors, in particular fast-casual restaurants like Chipotle Mexican Grill (CMG) and higher-end burger chain Five Guys. Reference Link
August 21, 2014
09:03 EDTCMGChipotle Q3 comps accelerating, says Cleveland Research
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