Chipotle Mexican Grill (NYSE: CMG) reported second-quarter financial results after the regular market hours on Wednesday. During the quarter, adjusted EPS plunged 90% as revenues slipped 5%. The results were, however, better than Wall Street projections.
CMG shares fell 1.3% immediately following the announcement. The stock has gained 37% since the beginning of this year.
The company did not give an outlook in the second quarter as well, as Covid 19 pandemic continues to affect business. Digital sales, meanwhile, tripled during the quarter, thanks to new partnerships with Uber Eats and Grubhub.
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and
Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock