Restaurant stock Chipotle Mexican Grill CMG reported third-quarter financial results after the market close Tuesday.Here are the key highlights.What Happened: Chipotle reported third-quarter revenue of $2.79 billion, up 13% year-over-year. The total missed a Street consensus estimate of $2.82 billion, according to data from Benzinga Pro.The company reported adjusted earnings of 27 cents per share in the third quarter, beating a Street consensus estimate of 25 cents per share.Comparable restaurant sales were ...

Exhibit 99.1 EARNINGS RELEASE PR Contact: Laurie Schalow (949) 524-4035 MediaRelations@chipotle.com IR Contact: Cindy Olsen, CFA (949) 524-4205 Cindy.Olsen@chipotle.com CHIPOTLE ANNOUNCES THIRD QUARTER 2024 RESULTS COMPARABLE SALES INCREASE 6% DRIVEN BY OVER 3% TRANSACTION GROWTH NEWPORT BEACH, Calif. – October 29, 2024 – Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its third quarter ended September 30, 2024. Third quarter highlights, year over year: • Total revenue increase ...

COMPARABLE SALES INCREASE 6% DRIVEN BY OVER 3% TRANSACTION GROWTH NEWPORT BEACH, Calif., Oct. 29, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its third quarter ended September 30, 2024. Third quarter highlights, year over year: Total revenue increased 13.0% to $2.8 billion Comparable restaurant sales increased 6.0% Operating margin was 16.9%, an increase from 16.0% Restaurant level operating margin was 25.5%1, a decrease from 26.3%1 Diluted earnings per ...

Chipotle Mexican Grill (CMG) ended the recent trading session at $59.44, demonstrating no swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.03%. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, added 0.56%.Coming into today, shares of the Mexican food chain had gained 2.39% in the past month. In that same time, the Retail-Wholesale sector lost 0.9%, while the S&P 500 gained 1.39%.Market participants will be closely following the fi ...

The latest trading session saw Chipotle Mexican Grill (CMG) ending at $59.44, denoting a +0.71% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.22% for the day. Elsewhere, the Dow lost 0.33%, while the tech-heavy Nasdaq added 0.76%.Heading into today, shares of the Mexican food chain had gained 1.1% over the past month, outpacing the Retail-Wholesale sector's loss of 0.42% and lagging the S&P 500's gain of 1.47% in that time.Market participants will be clos ...

Chipotle Mexican Grill, Inc. (CMG) is scheduled to report third-quarter 2024 results on Oct. 29, 2024, after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the second quarter of 2024, CMG reported stellar performance, with earnings per share (EPS) beating the Zacks Consensus Estimate by 9.7% and revenues surpassing the same by 1.3%. Year over year, adjusted EPS and revenues rose 36% and 18.2%, respectively. Successful promotions regarding Chicken Al Pastor drove ...

In its upcoming report, Chipotle Mexican Grill (CMG) is predicted by Wall Street analysts to post quarterly earnings of $0.25 per share, reflecting an increase of 8.7% compared to the same period last year. Revenues are forecasted to be $2.82 billion, representing a year-over-year increase of 13.9%.The consensus EPS estimate for the quarter has undergone an upward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed th ...

McDonald's shared more insights Wednesday into its investigation into a deadly E. coli outbreak. Executives said its investigation suggested the outbreak differed from what Chipotle faced in 2015. McDonald's said early indicators suggest slivered onions as a likely potential containment, but it couldn't rule out fresh beef. Insider Today Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter prefe ...

The company is rolling out a new system by Paradox that will make the hiring process simpler, faster, and more automated for all 3,500+ restaurants in North America and Europe The Paradox platform is supporting Chipotle's fall hiring efforts, its second largest hiring period of the yearNEWPORT BEACH, Calif., Oct. 22, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today that it is partnering with Paradox to introduce a new platform that will make hiring employees more efficient for its res ...

Chipotle Mexican Grill, Inc. (CMG) has become a standout performer in the fast-casual dining sector, with its shares trading at a premium compared to its peers. The company boasts a forward 12-month Price-to-Sales ratio of 6.49X, significantly higher than the Zacks Retail-Restaurant industry’s average of 4.01X and the broader Retail-Wholesale sector’s 1.44X. CMG’s shares have surged 63.2% in the past year compared with the industry’s appreciation of 20.9% and the S&P 500’s 38.5% increase. CMG has outpaced o ...