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CMG / Chipotle: Following Bill Ackman's Rationale To Owning The Stock

Chipotle: Following Bill Ackman's Rationale To Owning The Stock
Bill Ackman's Pershing Square fund owns 3.4% of Chipotle's outstanding share capital, making it the largest holding in the fund. Ackman admires Chipotle's straightforward and cash-generative business model, as well as the company's ownership of all its restaurants. Chipotle's clean balance sheet and ability to capitalize on favorable interest rates further contribute to its strong cash flow generation and profitability. Read More
Posted: Sep 28 2023, 21:33
Author Name: Seeking Alpha
Views: 112275

CMG News  

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By New York Post
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McDonald's, Chipotle hiking menu prices after California raises fast-food minimum wage

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By PYMNTS
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Chipotle and McDonald's to Raise Prices in California After Minimum Wage Hike

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McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20

By CNBC
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McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20

McDonald's CEO Chris Kempczinski said the minimum wage hike could help the burger chain gain market share in California in the long term. more_horizontal

Earnings Beat of the Week: Chipotle Has Strong Q3 as Customers Splurge on Burritos

By Investopedia
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Earnings Beat of the Week: Chipotle Has Strong Q3 as Customers Splurge on Burritos

In this weekly feature, we highlight a company that reported earnings that came in outside of analysts' expectations, with a focus on what the beat or more_horizontal

Chipotle (CMG) Stock Rises on Q3 Earnings & Revenue Beat

By Zacks Investment Research
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Chipotle (CMG) Stock Rises on Q3 Earnings & Revenue Beat

Chipotle (CMG) third-quarter 2023 results are aided by robust comparable restaurant sales and expansion efforts. more_horizontal


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