Chipotle is defying restaurant slump as earnings, traffic rise again
Chipotle Mexican Grill(CMG) CNBC·2024-04-24 20:11
The logo of Chipotle Mexican Grill is seen in Manhattan, New York.Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that beat analysts' expectations, fueled by higher traffic to its restaurants.The stock rose 4% in extended trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $13.37 adjusted vs. $11.68 expectedRevenue: $2.7 billion vs. $2.68 billion expectedChipotle reported first-quarter ne ...