Chipotle Mexican Grill (CMG) Reports In-Line Q1, Misses on Revenue; Offers Guidance
Chipotle Mexican Grill (NYSE: CMG) reported Q1 EPS of $0.29, in-line with the analyst estimate of $0.29. Revenue for the quarter came in at $2.88 billion versus the consensus estimate of $2.98 billion.
For 2025, management is anticipating the following:
Full year comparable restaurant sales growth in the low single digit range
315 to 345 new company-owned restaurant openings with over 80% having a Chipotlane
An estimated underlying effective full year tax rate between 25% and 27% before discrete items
For earnings history and earnings-related data on Chipotle Mexican Grill (CMG) click here.