Chipotle Shares Are Soaring

Chipotle shares are up 13% this morning to $559 after the gourmet burrito emporium reporting strong revenues after the bell yesterday. Q4 receipts came in at $844.1 million versus $826.3 million. Earnings of $2.52 were in line with expectations. Comparable store sales were up 9.3%, beating expectations for 6.7%, and the firm revised its 2014 same-store-sales guidance slightly higher. As a result, Morgan Stanley's John Glass and Jake Bartlett raised their 2014 SSS growth target to 6.9% from 5.8%...