. The company reported a smaller-than expected loss per share of 6 cents on revenue of $388 million. Analysts polled by Refinitiv were expecting a loss per share of 10 cents on revenue of $360 million. The app developer's user base grew to 203 million daily active users, and the company reported a gross margin of 46%, well above the 30% gross margin reported a year prior.
. The company reported adjusted earnings per share of $3.99 on revenue of $1.43 billion, versus the earnings per share of $3.76 and $1.41 billion in revenue that analysts had expected, according to Refinitiv. The burrito maker reported that its digital sales nearly doubled during the quarter. Chipotle expects sales at restaurants open at least a year to increase at a high-single-digit rate, topping a prior estimate of mid-to-high single-digit growth.
Big tech? - This didn’t age well 😂
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forget 'FAANG' growth stocks, one technical analyst touts 'BAANG' stocks for a new, scarier eraA group of gold miners stocks 'BAANG' are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research. It’s actually TANG What happened to WANG Targeting capital gains should only be the begininng. CNBC and their tax reporter us paid heavily to keep the tax cuts going for the mega tich. Sickening scumbags
Source: CNBC - 🏆 12. / 72 Read more »
Global Stocks Gain on U.S. Moves on TradeGlobal stocks climbed as the U.S. moved to revive trade talks with China and Congress struck a deal on spending and the federal debt ceiling Only way this happens Trump running Scared.
Source: WSJ - 🏆 98. / 63 Read more »
Stocks making the biggest moves premarket: Coca-Cola, Travelers, Biogen, Hasbro, Apple & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Why Oil And Gas Stocks Keep Leaking Into 'Green' InvestmentsThe market for “green” or environmentally-friendly investments has exploded to over $30 trillion but investors are finding it hard to navigate a market with murky labelling and unclear definitions of “green.” DavidGDawkins 👁️ 👁️👁️ 🤔🤔🤔
Source: Forbes - 🏆 394. / 53 Read more »
Europe stocks gain, oil jumps on Middle East tensionsEnergy stocks booked the largest gains in Europe after crude oil prices jumped at least $1 per barrel, on concern that Iran's seizure of a British tanker last week may lead to disruptions in the Middle East.
Source: trtworld - 🏆 101. / 63 Read more »
Small Company Shares Fall Behind in Sign of Economic WorryWhile the most-closely watched U.S. stock market gauges have hit new records, shares in smaller U.S. companies have taken a beating. Why is this downvoted? The problem is with this sub. GOP POTUS. No it dosen't. It directly reflects the fact that buyers are not willing to bid up the price of small cap stocks. To interpret that as doubts in the underlying economy requires proof to which you have presented none. You ignore the many factors that can go into pricing.
Source: WSJ - 🏆 98. / 63 Read more »