Chipotle posts big earnings beat as diners shake off higher prices
Publishing timestamp: 2024-04-24 18:10:02
Summary
Chipotle Mexican Grill reported quarterly earnings and revenue that beat expectations, with same-store sales growth and increased traffic. The company also approved a 50-for-1 stock split, one of the largest in NYSE history. Analysts are optimistic about the company's future growth and performance.
Sentiment: POSITIVE
Tickers: CMG,
Keywords: earnings, chipotle mexican grill inc, breaking news: markets, breaking news: business, business news, restaurants, dividends, markets, retail industry, business,
Source: https://www.cnbc.com/2024/04/24/chipotle-mexican-grill-cmg-q1-2024-earnings.html