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Chipotle earnings: Limited-time offerings boost results

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Chipotle Mexican Grill News

Analytical Research R.J. Hottovy,Market Domination,Quarter Earnings

Shares of Chipotle Mexican Grill (CMG) are soaring after the company reported better-than-expected first quarter earnings. The restaurant chain posted...

) are soaring after the company reported better-than-expected first quarter earnings. The restaurant chain posted revenue of $2.7 billion, in line with expectations of $2.67 billion. Additionally, adjusted earnings per share came in at $13.37, outperforming analysts' projections of $11.66. Same-store sales grew 7%, better than the 5.13% estimate. Placer.ai Head of Analytical Research R.J. Hottovy joins Market Domination Overtime to discuss the results.

Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out.

 

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