Chipotle Mexican Grill (CMG) Tops Q3 EPS by 36c, Digital Sales Rose 203%

Chipotle Mexican Grill (NYSE: CMG) reported Q3 EPS of $3.76, $0.36 better than the analyst estimate of $3.40. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.59 billion. Comparable restaurant sales increased 8.3%. Digital sales grew 202.5% and accounted for 48.8% of sales for the quarter

"I want to thank and acknowledge the incredible Chipotle team members who remain focused on great execution and on advancing our purpose of Cultivating a Better World as demonstrated by our outstanding third quarter results" said Brian Niccol, Chairman and CEO, Chipotle. "I have never been more confident that Chipotle is a powerful brand committed to fostering a culture that values and champions our diversity, while leveraging the individual talents of all team members. As a result of a strong brand, committed employees, and broad financial strength, we remain excited about Chipotle\'s powerful economic model and our long-term potential."

For earnings history and earnings-related data on Chipotle Mexican Grill (CMG) click here.

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