Chipotle Mexican Grill (CMG) Tops Q1 EPS by 33c
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Chipotle Mexican Grill, Inc. Announces First Quarter 2017 Results
April 25, 2017 4:10 PM EDTDENVER--(BUSINESS WIRE)-- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2017.
Overview for the first quarter of 2017 as compared to the first quarter of 2016:
Revenue increased 28.1% to $1.07 billion Comparable restaurant sales increased 17.8% (including 0.6% from recognized revenue previously deferred related to Chiptopia) Restaurant level operating margin increased to 17.7% from 6.8% Net income was $46.1 million, improved from a net loss of $26.4 million Diluted earnings per share was $1.60,... More