Chipotle Mexican Grill (CMG) Tops Q2 EPS by 14c, Offers Outlook

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Go back to Chipotle Mexican Grill (CMG) Tops Q2 EPS by 14c, Offers Outlook

Chipotle Second Quarter Diluted EPS Increased 167% on Comparable Restaurant Sales Increase of 8.1% and Revenue Growth of 17.1%

July 25, 2017 4:05 PM EDT

DENVER--(BUSINESS WIRE)-- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its second quarter ended June 30, 2017.

Overview for the three months ended June 30, 2017 as compared to the three months ended June 30, 2016:

Revenue increased 17.1% to $1.17 billion Comparable restaurant sales increased 8.1% Restaurant level operating margin increased to 18.8% from 15.5% Net income was $66.7 million, an increase from $25.6 million Diluted earnings per share was $2.32, an increase from $0.87 Opened 50 new restaurants, and closed two restaurants

Overview for the six... More