Why Chipotle Mexican Grill, Inc. Stock Caught Fire Today

Shares of the burrito roller surged after a blowout earnings report. Here's what you need to know:

Jeremy Bowman
Jeremy Bowman
Jul 22, 2014 at 2:56PM
Consumer Goods

Shares of Chipotle Mexican GrillĀ (NYSE:CMG) were soaring Tuesday, climbing as much as 13% after the fast-casual chain delivered stellar second-quarter numbers. Comparable sales skyrocketed 17.3%, and the company beat analyst estimates on top and bottom lines. Best of all, it signaled that the strong growth would continue as management lifted its full-year guidance and said its business model is stronger than ever. The slide show below contains more important details about the stock's jump today, and explains what's next for Chipotle.