Instinet Remains Sidelined on Chipotle Mexican Grill (CMG) Following 4Q
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Chipotle Mexican Grill, Inc. Announces Fourth Quarter and Full Year 2016 Results
February 2, 2017 4:05 PM ESTDENVER--(BUSINESS WIRE)-- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its fourth quarter and year ended December 31, 2016.
Overview for the fourth quarter of 2016 as compared to the fourth quarter of 2015:
Revenue increased 3.7% to $1.0 billion Comparable restaurant sales for the month of December increased 14.7% and declined 4.8% for the full quarter Restaurant level operating margin was 13.5%, a decrease from 19.6% Net income was $16.0 million, a decrease from $67.9 million Diluted earnings per share was $0.55, a decrease from $2.17... More