Key Investing Takeaways After Chipotle Mexican Grill Inc (CMG) Earnings Guidance
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 16, 2013 - 1:18pm
David Einhorn wins again. Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) opened 10% lower this morning, after the fallen growth-stock darling posted uninspiring preliminary fourth-quarter results. The burrito roller’s revenue climbed 17% to $699.2 million, fueled by a reasonable 3.8% increase in comparable-store sales and heady expansion. Chipotle opened 60 new eateries during the quarter [...]
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