Time to Buy Chipotle's Stock as Much Anticipated Q2 Earnings Approach?
CMGChipotle Mexican Grill(CMG) ZACKS·2024-07-24 06:15

In its first earnings report since a historic 50-1 stock split last month, Chipotle Mexican Grill  (CMG)  will report Q2 results on Wednesday, July 24.Wall Street and of course retail investors will be scoping the retail restaurant giant’s Q2 report with its stock trading at a much more affordable price tag of $52 compared to over $3,000 pre-split. Seeing as the underlying fundamentals of a company don’t change when its stock splits, let’s see if it’s time to buy CMG as earnings approach.Q2 Expectations for ...