Search results
Results from the WOW.Com Content Network
If you apply between P/E multiples of 40 to 60 to my 2030 projected earnings for Chipotle, that gets a forecast stock price of between $130 and $195, with a midpoint of $162.50.
Chipotle posted same-store sales growth of 6%, which contributed to revenue's 13% rise to $2.79 billion, though that fell short of the analyst consensus at $2.82 billion.
A lot of that growth was driven by its digital sales, which surged 174% and accounted for 46% of its total revenue. Its comps climbed 19% in 2021, 8% in 2022, and 8% in 2023.
The Mediterranean restaurant chain reported revenue growth of 39% year over year, compared to Chipotle's 13%. ... (EPS) of 150%, to $0.15; Chipotle had earnings growth of 21.7% per diluted share ...
So when Chipotle's third-quarter same-store sales growth fell to "just" 6%, investors were disappointed. For comparison, McDonald's same-store sales in the third quarter dropped 1.5%.
Four growth pillars for Chipotle, based on analyst commentary and Q2 results. (Graphic created by Yahoo Finance) During Q2, digital sales made up 38% of Chipotle's total food and beverage revenue.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
It's pretty saturated in the U.S., while it has been mainly looking toward a difficult Chinese market for new store growth. In comparison, Chipotle only had just over 3,500 store locations. It ...