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Stock Market & Financial Investment News

News Breaks
March 5, 2013
11:20 EDTCMGChipotle sees flat to low single digit comp sales in 2013, Bloomberg reports
Chipotle reaffirms goal to open 165-180 new stores in 2013, and is open to raising menu prices but not before mid-year, according to Bloomberg.
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January 14, 2015
12:38 EDTCMGChipotle Q1 results at modest risk from pork disruption, says Miller Tabak
Miller Tabak credits Chipotle for being proactive and not selling pork that did not meet their standards, but also believes that the pork supply disruption adds modest risk to the company's Q1 result. Assuming a full-quarter disruption at one-third of Chipotle locations, the firm would lower its Q1 same-store sales estimate to 10%-10.3% from its current 11% growth projection. Miller Tabak maintains its Hold rating and $710 fair value estimate on Chipotle shares.
12:35 EDTCMGChipotle suspends pork sales at one-third of U.S. restaurants, Reuters reports
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