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Chipotle Mexican Grill (CMG) Tops Q2 EPS by 21c, Revenues Beat

July 22, 2020 4:11 PM

Chipotle Mexican Grill (NYSE: CMG) reported Q2 EPS of $0.40, $0.21 better than the analyst estimate of $0.19. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.32 billion.

"I want to thank all of our employees for delivering excellent guest experiences, supporting our restaurants, and supporting each other during these challenging times," said Brian Niccol, Chairman and CEO, Chipotle. "Our investment in digital over the past few years has provided our customers with convenient access to Chipotle how and where they want it. We'll continue to invest in elevating the digital experience, including opening more Chipotlanes, while innovating with new culinary offerings such as cauliflower rice, organic beverages and quesadillas. I'm confident we will finish 2020 with good momentum and be well positioned for the long run."

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

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