Thread regarding Chipotle Mexican Grill (CMG) stock

Food costs eating everything and I'm over it

Stock's been sliding all month. Down from around 37 in April to 32 now. Earnings came out and it felt like good news - sales up, people finally coming back. But the stock didn't care. Beef prices are out of control and labor costs keep climbing. Margins are getting crushed. So the company is doing more business and somehow making less money. That math doesn't work for me.

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