Chipotle Sees Q4 Comparable Restaurant Sales Growing In Mid To High-Single Digit Rage
Portfolio Pulse from Benzinga Newsdesk
Chipotle Mexican Grill, Inc. (CMG) expects its Q4 comparable restaurant sales to grow in the mid to high-single digit range.
October 26, 2023 | 8:16 pm
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POSITIVE IMPACT
Chipotle's forecast of Q4 comparable restaurant sales growth in the mid to high-single digits may positively impact its stock price.
Chipotle's forecast of Q4 comparable restaurant sales growth in the mid to high-single digits indicates a positive business performance. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100