Chipotle Mexican Grill (CMG) Misses Q2 EPS by 6c; Comps Fell More than Expected
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Get Alerts CMG Hot Sheet
Price: $30.40 -3.77%
EPS Growth %: 0.0%
Financial Fact:
Pre-opening costs: 4.49M
Today's EPS Names:
SMXT, NRIX, VFS, More
EPS Growth %: 0.0%
Financial Fact:
Pre-opening costs: 4.49M
Today's EPS Names:
SMXT, NRIX, VFS, More
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Chipotle Mexican Grill (NYSE: CMG) reported Q2 EPS of $0.87, $0.06 worse than the analyst estimate of $0.93. Revenue for the quarter came in at $998.4 billion versus the consensus estimate of $1.05 billion.
Comps down 23.6 percent, est. down 20.6 percent.
Guidance:
For 2016, management expects the following:
- 220 - 235 new restaurant openings
- An effective full year tax rate of approximately 38.6%
For earnings history and earnings-related data on Chipotle Mexican Grill (CMG) click here.
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