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Heading into Chipotle's (CMG -1.8%) release of Q3 earnings, Tiburon Research Group backs the...
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Thursday, October 18, 2012, 1:54 PM ETHeading into Chipotle's (CMG -1.8%) release of Q3 earnings, Tiburon Research Group backs the name for a solid earnings beat. The firm sees EPS of $2.39, beating estimates by a dime and has Q4 EPS lined up at $2.23. Chipotle's top-line deceleration has overshadowed what's been solid restaurant margin gains. (research report .pdf)
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Olive Garden is running a buy one dinner and take one home for free!
http://bit.ly/T1Ks7y
time to start cutting prices if you want to have customers is now the name of the game with $4+ gas in the northeast at least.
You are low on food cost, other operating expense and G&A but you look good on revenue.
$2.12 is more like it.
Now look for year-end selling. No fund manager wants his holders to know he was Einhorned.
Flat comps in 2013?