Kimberry Pitt
All posts from Kimberry Pitt
Kimberry Pitt in Kimberry Pitt,

What are You Expect from Chipotle Earning after the Bell?

Chipotle Mexican Grill Inc. will report fourth quarter earning after market close today. Chipotle is actually  the best stock performance among the U.S. restaurant chain last year. The stock price has grown from $301 to more than $550 last year or increase more than 77%. Today Chipotle price is up 2.17% or $495 per share. Is this over price?

Chipotle plans to open 180 - 195 restaurants this year. It also make food of GMO free which will lead to higher cost.
One good thing about Chipotle tho, it does not carry any long term debt. Well capitalize balance sheet and better liquidity position than other chain restaurant like Yum Brands or McDonald's. This make Chipotle is more high class than other. However, it has limited restaurant only in US and Cananda unlike Yum Brands or McDonald that are world-wide.

Well, maybe that will be the point that Chipotle should point out to emerging market more?3
Will earning increase this quarter?