Reported about 11 hours ago
Chipotle is scheduled to announce its third-quarter earnings on October 29, with analyst Danilo Gargiulo discussing the potential impact of Scott Boatwright's interim CEO role. Despite lowering earnings estimates due to seasonal concerns, Gargiulo remains optimistic about Chipotle's future growth, noting its resilience in the fast-casual segment and urging investors to consider it an attractive stock amidst a decelerating market. Nonetheless, there is anticipation for clarity on future strategic directions as Boatwright's permanent status remains undefined.
Source: YAHOO