Chipotle Mexican Grill (CMG) Tops Q1 EPS by 7c; Offers Q1 Outlook
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Get Alerts CMG Hot Sheet
Price: $30.40 -3.77%
EPS Growth %: 0.0%
Financial Fact:
Revenue: 1.04B
Today's EPS Names:
SMXT, NRIX, VFS, More
EPS Growth %: 0.0%
Financial Fact:
Revenue: 1.04B
Today's EPS Names:
SMXT, NRIX, VFS, More
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Chipotle Mexican Grill (NYSE: CMG) reported Q1 EPS of ($0.88), $0.07 better than the analyst estimate of ($0.95). Revenue for the quarter came in at $834.5 million versus the consensus estimate of $880.21 million.
- Comparable restaurant sales decreased 29.7%
- Comparable restaurant transactions decreased 21.1%
Outlook
For 2016, management expects the following:
- 220 - 235 new restaurant openings
- An effective full year tax rate of approximately 38.4%
For earnings history and earnings-related data on Chipotle Mexican Grill (CMG) click here.
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