Chipotle Mexican Grill(CMG)

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Computer Modelling Group Announces Third Quarter Results and Quarterly Dividend
GlobeNewswire· 2025-02-11 22:00
Core Viewpoint - Computer Modelling Group Ltd. reported its financial results for the three and nine months ended December 31, 2024, highlighting a cash dividend approval of $0.05 per Common Share for the third quarter [1][18]. Financial Highlights - Total revenue for Q3 fiscal 2025 was $35.8 million, a slight increase from $33.0 million in the prior year, with a 1% decrease in the Reservoir & Production Solutions (R&P) segment and a 9% contribution from the Seismic segment, including 6% growth from acquisitions [5][8]. - Operating profit rose to $11.2 million, a 37% increase from the same period last year, driven by higher software and professional service revenues and reduced operating expenses [5][9]. - Net income for the quarter was $9.6 million, a 71% increase compared to the prior year's quarter, attributed to increased operating profit and significant foreign exchange gains [5][9]. - Earnings per share increased to $0.12, reflecting a 71% rise from the previous year [5][9]. - Free Cash Flow per share was reported at $0.11, a 22% increase, primarily due to higher funds flow from operations and lower capital expenditures [5][9]. Segment Performance Reservoir & Production Solutions - Revenue in this segment declined by 1%, with professional services revenue decreasing but partially offset by gains in perpetual license revenue [10][11]. - Operating profit increased to $7.0 million, up from $5.9 million in the prior year, despite increased expenses related to acquisitions and agent commissions [11][24]. - Adjusted EBITDA Margin for the segment was 42%, down from 44% in the previous year [11][24]. Seismic Solutions - Total revenue increased by 26%, with 9% from organic growth and 17% from acquisitions [13][14]. - Operating profit for the Seismic segment rose to $4.2 million from $2.3 million, supported by higher revenue and lower general and administrative expenses [14][25]. - Adjusted EBITDA Margin improved to 34% from 24% in the prior year [14][25]. Year-to-Date Performance - For the nine months ended December 31, 2024, total revenue was $95.8 million, compared to $76.4 million in the prior year, with a 3% increase in R&P segment revenue and a 22% contribution from the Seismic segment [5][17]. - Operating profit for the year-to-date period decreased by 2% to $25.3 million, primarily due to increased headcount and related costs [5][17]. - Net income for the nine-month period was $17.3 million, a 9% decrease compared to the prior year [5][17]. Cash and Dividend Information - The company’s cash balance at December 31, 2024, was $39.7 million, down from $61.4 million at September 30, 2024, mainly due to the acquisition of Sharp Reflections [9][18]. - A cash dividend of $0.05 per Common Share was approved, to be paid on March 14, 2025, to shareholders of record as of March 6, 2025 [1][18].
Should You Buy Chipotle Stock Hand Over Fist in February?
The Motley Fool· 2025-02-10 23:05
Despite reporting what I thought were very solid results, Chipotle Mexican Grill (CMG 0.93%) shares were under pressure the day following its fourth-quarter 2024 financial update. That still doesn't take away from the fact that this top restaurant stock has soared 233% in the past five years (as of Feb. 7).Chipotle continues to operate at an extremely high level, standing out from industry peers. Should you buy the stock hand over fist in February?Ending 2024 on a high noteDuring the three-month period that ...
Best Stock to Buy Right Now: Domino's Pizza vs. Chipotle
The Motley Fool· 2025-02-09 10:41
Domino's Pizza (DPZ -0.81%) and Chipotle Mexican Grill (CMG -0.09%) are restaurant industry giants with unique operating concepts that have proven massively popular, translating into significant shareholder wealth. Since Domino's initial public offering (IPO) in 2004, the stock has returned a whopping 7,326%, while Chipotle shares are up an equally impressive 6,435% from its 2006 IPO. Though such returns may be difficult to replicate anytime soon, both companies enter 2025 well-positioned to continue reward ...
1 Wall Street Analyst Thinks This Top Stock Could Soar 30%. Here's Why I'm Not Convinced That It's a Buy Right Now
The Motley Fool· 2025-02-08 23:32
Research analysts set the tone for how the investment community views a particular business. A positive report can instill confidence that can lead to favorable sentiment.There's one top stock that has climbed 225% just in the past five years. However, one sell-side analyst believes it could soar another 30%. That might sound promising, encouraging you to want to scoop up shares.But here's why I'm not convinced that this company is a buy right now.Catalysts for the Tex-Mex chainChristopher Carril of RBC Cap ...
Chipotle Shares Fall Despite Continued Traffic Gains. Is This a Buying Opportunity for the Stock?
The Motley Fool· 2025-02-08 08:30
Chipotle Mexican Grill (CMG -0.09%) slipped following the release of its fourth-quarter results, despite the company reporting continued gains in traffic. As of this writing, the stock is down 5% year to date, extending its two-month decline to 12%.Let's delve into Chipotle's recent earnings to see if now is a good time to buy the stock.A tough start to JanuaryThe popular fast-casual restaurant chain once again put up solid quarterly results that would be the envy of most quick-service restaurants. Revenue ...
Chipotle Mexican Grill(CMG) - 2024 Q4 - Annual Report
2025-02-05 21:24
Restaurant Operations - As of December 31, 2024, the company owned 3,644 Chipotle restaurants in the U.S. and 82 international locations, with three additional licensed restaurants[123]. - The company opened 304 restaurants in 2024, including 257 with a Chipotlane, and plans to open approximately 315 to 345 new restaurants in 2025[125]. - The company anticipates comparable restaurant sales growth in the low to mid-single digit range for 2025[124]. Financial Performance - Total revenue for the year ended December 31, 2024, increased by 14.6% to $11.3 billion, driven by a 7.4% increase in comparable restaurant sales[126]. - Comparable restaurant sales growth was attributed to a 5.3% increase in transactions and a 2.1% increase in average check[124]. - Digital sales accounted for 35.1% of total food and beverage revenue in 2024[124]. - Cash provided by operating activities was $2.1 billion for 2024, compared to $1.8 billion in 2023, reflecting higher net earnings[150]. - Interest and other income, net increased to $93.9 million in 2024 from $62.7 million in 2023, a growth of 49.8%[139]. Cost Management - Labor costs increased by 14.3% to $2.79 billion, remaining flat as a percentage of total revenue at 24.7%[134]. - Food, beverage, and packaging costs rose by 15.9% to $3.37 billion, representing 29.8% of total revenue[133]. - General and administrative expenses increased by 10.1% to $697.5 million, accounting for 6.2% of total revenue[137]. Taxation - Provision for income taxes rose to $476.1 million in 2024, up 21.5% from $391.8 million in 2023[140]. - The effective income tax rate decreased to 23.7% in 2024 from 24.2% in 2023, primarily due to lower nondeductible expenses[140]. Capital Expenditures and Investments - Total capital expenditures for 2024 were $593.6 million, with an expected increase to approximately $683.7 million in 2025[148]. - The average investment cost for new restaurants in 2025 is expected to be slightly higher than in 2024, with approximately $502.7 million allocated for new restaurant construction[148]. - The Cultivate Next Fund has made $63 million in investments out of an authorized $100 million, focusing on early-stage investments aligned with the company's mission[126]. Cash Flow and Financing - Cash used in investing activities decreased to $837.5 million in 2024 from $946.0 million in 2023, primarily due to a decrease in investment purchases[151]. - Cash used in financing activities increased to $1.1 billion in 2024, compared to $660.7 million in 2023, mainly due to higher stock repurchases[152]. - As of December 31, 2024, the company had a cash and marketable investments balance of $2.2 billion and $500.0 million of undrawn borrowing capacity[144][145]. - The company expects to generate positive cash flow for the foreseeable future, assuming no significant declines in comparable restaurant sales[146].
Chipotle: Tariff Fears Overblown, Dips Are Tasty For Long-Term Investors
Seeking Alpha· 2025-02-05 19:24
Chipotle Mexican Grill, Inc. (NYSE: CMG ) is a stock we have held at our service for about 7 years. We do not comment on it much publicly. Sure, there was the loss of the great CEO BrianLooking for more returns like CMG over time? That is what we do at BAD BEAT InvestingEnjoy more rapid-returns with our strategy to advance your savings and retirement timeline by embracing a blended trading and income approach!If you would like, you can try our service out and take 20% off right NOW through this CMG article ...
Chipotle Mexican Grill's Stock Gets Burned For Mixed Q4; Sales Slowdown To Continue, Analysts Say
Benzinga· 2025-02-05 17:12
Chipotle Mexican Grill, Inc. CMG shares are down Wednesday, after the company announced a revenue miss in the fourth quarter.The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways.Stephens On Chipotle Mexican GrillAnalyst Jim Salera maintained an Equal-Weight rating while cutting the price target from $61 to $60.Chipotle Mexican Grill reported mixed fourth-quarter results, with same-store sales of 5.4% missing consensus of 5.7% but unit development, ...
Chipotle Stock Slips on Soft Sales, Potential Impact of Threatened Tariffs
Investopedia· 2025-02-05 16:01
Key TakeawaysChipotle Mexican Grill shares fell Wednesday, a day after it missed revenue and same-store sales estimates, and tried to downplay concerns about the effects of possible U.S. tariffs.The Mexican fast-casual restaurant chain's sales got a boost from the addition of 119 new locations in the quarter.Chipotle said if the tariffs are put into effect, it would impact cost of sales by 60 basis points. Shares of Chipotle Mexican Grill (CMG) slipped Wednesday, a day after the Mexican fast-casual restaura ...
Chipotle Q4 Earnings Top Estimates, Revenues Lag, Stock Slips 5%
ZACKS· 2025-02-05 15:00
Chipotle Mexican Grill, Inc. (CMG) posted fourth-quarter 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top and bottom lines increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Following the results, shares of the company declined 5% in the after-hours trading session yesterday. Negative investor sentiments were witnessed as CMG announced tepid annual comparable sales growth for 2025.The company rem ...