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 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 ...

Consumers are willing to pay higher prices at fast-casual restaurants if they get good portions, quality ingredients and value for the money, Chipotle executives said Tuesday (Feb. 4).Reporting the company’s results for the fourth quarter, executives said Chipotle’s food, beverage and packaging costs rose to 30.4% of total revenue in the fourth quarter, up from 29.7% in the same quarter a year earlier.In a Tuesday earnings release, the company attributed this increase in part to using more ingredients “as w ...

Chipotle Mexican Grill (CMG) reported $2.85 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 13.1%. EPS of $0.25 for the same period compares to $0.21 a year ago.The reported revenue represents a surprise of -0.17% over the Zacks Consensus Estimate of $2.85 billion. With the consensus EPS estimate being $0.24, the EPS surprise was +4.17%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Chipotle has found new sources of avocados for its guacamole over the last two years.But the chain could still take a hit if President Donald Trump adds tariffs to Mexican imports.About half of Chipotle's avocados come from Mexico, CEO Scott Boatwright said on an earnings call.Chipotle has spent years diversifying where it gets avocados for its guacamole. But it could still see a hit from tariffs on Mexican versions of the fruit. The California-based restaurant chain has found new sources of avocados in rec ...

Group 1: Earnings Performance - Chipotle Mexican Grill reported quarterly earnings of $0.25 per share, exceeding the Zacks Consensus Estimate of $0.24 per share, and up from $0.21 per share a year ago, representing an earnings surprise of 4.17% [1] - The company posted revenues of $2.85 billion for the quarter ended December 2024, slightly missing the Zacks Consensus Estimate by 0.17%, compared to $2.52 billion in the same quarter last year [2] - Over the last four quarters, Chipotle has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - Chipotle shares have declined approximately 3.2% since the beginning of the year, while the S&P 500 has gained 1.9% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.31 for the coming quarter and $1.31 for the current fiscal year [7] - The Zacks Rank for Chipotle is currently 2 (Buy), indicating expectations for the stock to outperform the market in the near future [6] Group 3: Industry Context - The Retail - Restaurants industry, to which Chipotle belongs, is currently ranked in the top 14% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Boxes of avocados are seen at the Central de Abastos market in Guadalajara, Jalisco state, Mexico, on Jan. 31, 2025.Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only about half of its avocados come from Mexico.A day earlier, President Donald Trump paused his plans for 25% tariffs on Mexican and Canadian imports. If implemented after the one-month suspension, imports such as avocados and beef would ...

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 FOURTH QUARTER AND FULL YEAR 2024 RESULTS FOURTH QUARTER COMPARABLE SALES INCREASE 5.4% DRIVEN BY 4.0% TRANSACTION GROWTH FULL YEAR 2024 COMPARABLE SALES INCREASE 7.4% DRIVEN BY 5.3% TRANSACTION GROWTH NEWPORT BEACH, Calif. – February 4, 2025 – Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for i ...

The fast-casual restaurant chain still has a bright future.The stock of Chipotle Mexican Grill (CMG -0.13%) closed at its all-time high of $68.55 on June 18, 2024. At the time, investors were dazzled by the fast-casual restaurant chain's robust growth in comparable-store sales (comps), resilient margins, and clear expansion plans.But since hitting that peak, share prices have declined about 15%. Its stock initially sank last August after Starbucks poached its star CEO. It recovered through the end of the ye ...

Wall Street analysts expect Chipotle Mexican Grill (CMG) to post quarterly earnings of $0.24 per share in its upcoming report, which indicates a year-over-year increase of 14.3%. Revenues are expected to be $2.85 billion, up 13.4% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ...