What's Next for Chipotle After Its 50-for-1 Stock Split
Chipotle Mexican Grill(CMG) Investopedia·2024-06-27 00:55
Key TakeawaysChipotle Mexican Grill completed its stock split after markets closed Tuesday, with the stock trading at its new price Wednesday.The chain now looks forward to its next earnings report next month, and its long-term plans of continuing to expand and open new locations.Chipotle and other fast-casual restaurants like Sweetgreen have managed to weather the broader pullback in discretionary spending in recent quarters. Chipotle Mexican Grill (CMG) has completed its 50-for-1 stock split, and started ...