If you invested $1,000 in Chipotle 10 years ago, here's how much money you'd have now. (via CNBCMakeIt)
A chicken burrito, guacamole, bag of tortilla chips, and a drink are arranged for a photograph at a Chipotle Mexican Grill Inc. restaurant in El Segundo, California, U.S., on Wednesday, July 25, 2018.reported blockbuster second-quarter earnings
this week with the news sending its shares surging in after-hours trading. Over the last decade, the company has made investors a significant profit. Chipotle's stock has been on an upswing recently and its shares are up 80% this year and hit an all-time high Wednesday. TheIf you invested in Chipotle 10 years ago, you'd have made a strong profit. A $1,000 investment in 2009 would be worth nearly $8,600 as of July 24, 2019, for a total return of 760%, according to CNBC calculations. By comparison, a $1,000 investment in the S&P 500 would have earned a total return of 280% over the same period.
Chipotle also announced Tuesday that its digital sales almost doubled during the second quarter, beating Wall Street expectations. "We're pleased with our financial performance, which marks the sixth consecutive quarter of accelerating comps and reflects continued progress on our key strategic initiatives," Chipotle CEO Brian NiccolThe company reported earnings per share of $3.99, versus analyst expectations of $3.76. Revenue reached $1.43 billion, compared with the expected $1.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Boeing burns $1 billion in cash waiting for its 737 Max to resume flyingBoeing Co. burned $1 billion in cash during the second quarter, a sign of the strain from a protracted grounding of the 737 Max jetliner that followed two fatal crashes.
Baca lebih lajut »
It's National Tequila Day: Here's Where To Find Cheap Margaritas & $1 ShotsOn July 24th, tequila is: cold, discounted, and sometimes, close to free.
Baca lebih lajut »
Wake Up, Sheeple: Brands Are Losing Money Off of Fake Influencer FollowersOver $1 billion, to be exact.
Baca lebih lajut »
Helped By Altria, Juul Crosses $1 Million In Quarterly Lobbying Payouts For The First TimeThe San Francisco startup spent $1.01 million from April to June, making it its most expensive quarter to date. Its efforts were also boosted by tobacco giant Altria, which spent $2.38 million on federal lobbying during the quarter.
Baca lebih lajut »
‘Spider-Man: Far From Home’ Climbing Past $1 Billion MilestoneSony’s “Spider-Man: Far From Home” is crossing the $1 billion milestone for worldwide grosses, becoming the 40th title to do so. The tentpole has outperformed 2017’s “Spider-Man: …
Baca lebih lajut »
https://ew.comEntertainment Weekly has all the latest news about TV shows, movies, and music, as well as exclusive behind the scenes content from the entertainment industry.
Baca lebih lajut »