Why Investors Are Optimistic about Chipotle’s Q2 2018 Earnings
Chipotle Mexican Grill (CMG) plans to post its second-quarter earnings after the market closes on July 26. On July 17, CMG was trading at $452.54, which represents a 33.3% increase since the announcement of its first-quarter earnings on April 25. The company’s stock price was driven by strong first-quarter earnings and initiatives that were taken by the company’s management to drive its sales.