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News Breaks | | | | February 5, 2013 | | 16:07 EDT |  | CMG | Chipotle boosts repurchase authorization by $100M
Chipotle said its board has approved the investment of up to an additional $100M to repurchase shares of its common stock. This repurchase authorization, in addition to up to approximately $80M available as of February 5 for repurchases under previously announced repurchase authorizations, may be modified, suspended, or discontinued at any time, the company said. | |
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News For CMG From The Last 14 Days Check below for free stories on CMG the last two weeks. |
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| June 13, 2013 | | 06:54 EDT |  | CMG | Chipotle Q2 same-store-sales estimate raised to 4% from 3% at Wedbush
Wedbush's Chipotle checks indicate Q2 same-store-sales are tracking slightly ahead of Street estimates of 3.8% driven by increased marketing, improved throughput, and new menu items. Checks also indicate catering is strong and is seeing increased traction and that a price increase in the 3-5% range is likely in 2H 2013 given increased commodity costs. The analyst raised estimates given strong comps and raised its price target to $420 from $400. Shares are Outperform rated. | | | June 7, 2013 | | 09:45 EDT | | CMG | Chipotle Q2 revenue forecast slightly below Street at ITG Research
 Subscribe for More Information | | | June 4, 2013 | | 12:21 EDT | | CMG | Gundlach not short Chipotle, says target short level was $380 per share
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