Chipotle’s Swoon Could be Longer Lasting Than Google’s
No telling for sure at this point, but Chipotle’s long-term worries could be bigger than those at Google. The fast food company reported net income two cents a share below expectations -- $2.27 instead of $2.29 – which is not such a big deal. But the bigger disclosure was the expectation that in 2013, same store sales growth is expected to be “little changed to low-single digit,” Bloomberg reported.
Not terribly surprising that Chipotle’s growth is slowing. These things can’t go on forever.
From the editors of YCharts, which includes the just-released YCharts Pro Platinum for professional investors.
Filed under: Company Analysis