There is remarkable momentum behind the thriving fast-casual chain in an economy that is becoming increasingly uncertain. As compared to the previous year, revenue and diluted earnings per share at Chipotle Mexican Grill were both up 13.7% and 28.1%, respectively. Despite a slight miss in sales, analyst projections for the bottom line were easily surpassed. However, investors haven't been enthu...
A turnaround could be on the horizon for SoFi stock, which has plummeted significantly this year. On Nov. 1, SoFi Technologies reported revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $424 million and $44.3 million, respectively, ahead of analyst expectations. A total of 4.7 million members and 7.2 million products were added during the third ...
Investing in this sector is becoming increasingly popular on Wall Street. A report from S&P Global Market Intelligence shows Chewy's shares jumped 26.1% in October. It is fair to say that Chewy benefited from a more optimistic market for the month, as the S&P 500 was up 8%. Although this outperformance was notable, it was the result of optimism about the upcoming financial report as wel...