CHIPOTLE $CMG JUST REPORTED Q2 EARNINGS AND RAISED FULL-YEAR GUIDANCE
• Revenue: $3.35B, beating expectations of $3.33B 🟢
• Adjusted EPS: $0.33, beating expectations of $0.32 🟢
• GAAP EPS: $0.32
• Comparable sales: +2.2%
• Operating margin: 15.7%
The company raised its full-year comparable sales guidance on what it called strong Q2 momentum
Chip Franklin: “There is no Trump without Mitch McConnell. McConnell used Trump to transform America and now that transformation threatens our nation, our very republic. We’re fighting wars in the Middle East, Ukraine, mass deportations, ICE murders, attacks on our allies, attacks on NATO, and of course the Epstein Files. All of this only happened because this soulless geriatric wanted to be powerful”
Chip startups are rushing to raise billions as Nvidia’s Groq deal revives investor hopes for lucrative acquisitions and licensing agreements.
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Chip Franklin: “Trump is a disease and the infection is spreading. The Department of Transportation cuckhold Sean Duffy, he’s planning on renaming New York Penn Station to Trump Station. It’s nothing new: Trump is a malignant narcissistic sociopathic wannabe dictator”
Chipotle opened its first restaurant in Mexico, offering burritos, bowls, tacos, and quesadillas in Monterrey's San Pedro Garza Garcia mall. Alsea, the brand’s local operator, will oversee the fast food chain’s expansion in Mexico