Disney earnings up, Chipotle sales down, and Snap user base grows
Disney (DIS): Shares are rising in early trading. While revenue missed estimates, earnings topped expectations, powered by Disney’s parks and resorts businesses.
Chipotle (CMG): Shares are slipping in midday trading. The woes continue for the fast casual chain, as same store sales were weak, and its forecast for growth was only in the low-single digits.
Snap (SNAP): Shares are soaring in early trading. The social network and ‘camera’ company’s earnings per share loss was less than expected, and active daily users jumped by nearly 9 million, topping analyst expectations.
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