HomeInvestingEarningsChipotle (CMG): A Mixed Bag Of Chips
Chipotle (CMG): A Mixed Bag Of Chips

Chipotle (CMG) has been able to raise prices while expanding their restaurant locations. Is foot traffic remaining robust for the fast food industry? “Chipotle consumer happiness and purchase intent social media mentions are falling year-over-year. They are behind Shake Shack (SHAK) and Starbucks (SBUX). Chipotle app U.S. monthly active users are holding steady from November 2021. 40% of their orders are placed digitally. Consumers being concerned about the price of food is up around 160% year-over-year. However, people are going more to restaurants. The CMG stock price is right in the middle of their 52-week high and 52-week low levels,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on the Chipotle (CMG) earnings report.

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25 Oct 2022

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