Page 3 - கேரி ப்ரைட்மேன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stocks to Buy: Chipotle Mexican Grill (CMG) Source: Northfoto / Shutterstock.com Newport Beach, California-based Chipotle Mexican Grill operates Chipotle Mexican Grill restaurants, serving a menu of burritos, tacos, burrito bowls, and salads. Chipotle released second-quarter results in mid-July. Revenue increased 38.7% year-over-year (YOY) to $1.9 billion. Net income was $188 million, up from $8.2 million. Adjusted diluted earnings per share (EPS) stood at $7.46, surging from 40 cents in the prior-year quarter. CEO Brian Niccol cited, “We remain confident in our key growth strategies and believe they will help us achieve our next goal of $3 million average unit volumes with industry-leading returns on invested capital that improve as we continue to add Chipotlanes.”

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