CMG misses on almost every data point yesterday.
Guidance is the only thing that has prevented a full out stock crash, we believe.
We're not sure guidance should be trusted, we think management has lack of visibility into the business.
By Parke Shall
While Chipotle's (NYSE:CMG) quarterly earnings came out and disappointed many investors, the company offered guidance that was relatively optimistic sounding. It was enough to stop a major selloff in shares