Chipotle Mexican Grill (a Jim Cramer favorite) beat the street for Q3 as they reported $1.52 per share versus the consensus estimate of Wall Street analysts of $1.31. At 2:50 CDT, CMG is up $26.75 to $206 per share.
CMG Website
"Food with Integrity" is our commitment to always look closer, dig deeper, and work harder to ensure that our actions are making things better, not worse. It’s our promise to run our business in a way that doesn’t exploit animals, people or the environment. It is the philosophy that guides every decision we make at Chipotle.Grandpa commends CMG for their support of the local family owned farm and organic produce whenever practical.
Jim Cramer believes that Chipotle is the "best restaurant growth story out there" and. that the company should discuss the growing trend towards healthy eating during this week's earnings call. Jim Cramer touts CMG as a healthy alternative to fast food.
Chipotle's healthy alternative to fast food warrants some discussion unless of course Cramer deems fat, sodium and cholesterol levels irrelevant.
Grandpa pulled up Chipotle's Nutrition Calculator 2.0 and configured a basic burrito combination: CMG Calculator
- 13" tortilla burrito
- Rice, Black Beans and Chicken
- Tomato Salsa and
- Cheese, Sour Cream, Guacamole and Lettuce
- 1,125 total calories (470 from fat)
- 51g total fat (78% Daily Value)
- 20g saturated fat (98% Daily Value)
- 185 mg of cholesterol (62% Daily Value)
- 2,310 mg sodium (96% Daily Value)
Might a stock split be in the works as CMG really needs to reduce their cholesterol.
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