Chipotle Beats Expectations as Menu Innovation and Value Deals Boost Demand
Chipotle beat Q2 estimates with $0.33 EPS and $3.35B revenue. Comp sales rose 2.2% on new menu items and value deals. Full-year guidance raised.
Markets move fast. You should move faster. Be the first to know when deals break, stocks move, or biotech headlines hit. Sign up to get breaking news alerts the moment they happen.
Chipotle beat Q2 estimates with $0.33 EPS and $3.35B revenue. Comp sales rose 2.2% on new menu items and value deals. Full-year guidance raised.
Investors wanted higher long-term targets amid premium valuation.
Starbucks reports Q3 global comparable store sales up 7.9%, beating 5.7% forecasts. North America rose 8.1% on higher transactions & ticket.
Robinhood’s Q2 crypto revenue fell 38% to $100M and app volumes dropped 35% to $18B, even as the company beat estimates and prediction markets surged.
Meta posts $60.8B revenue (+28%) beating estimates, yet EPS $6.18 misses as free cash flow plunges to $784M on heavy AI spending.
Microsoft beats Q4 estimates with $90B revenue and Azure up 43%. Cloud revenue reaches $59.3B as AI demand eases concerns over heavy spending.