McDonald's Is Lovin' Chipotle
McDonald's recently announced some incredible earnings: $1.00 per share. Stockholders are really excited about this, as they should be. Chipotle, a subsidiary of McDonalds, was responsible for a killer $0.39 of every share's earnings.
Read the official press release here.
Back in January of 2006, Chipotle was spun off in their IPO, and McDonalds made a killing. Now the two companies are traded independently, so you can invest in that cilantro lime rice without the Big Mac guilt. If you bought CMG (Chipotle Mexican Grill) stock 12 months ago, well you are wiser, and probably more wealthy, than I am.
This entry is filed in Chipotle.
Friday, January 26, 2007 by Jonah.