Chipotle Announces Third Quarter 2018 Results - EPS Nearly Doubles, As Sales Comp Accelerates, And Restaurant Margins Expand To 18.7% Versus Q3-2017

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Chipotle Mexican Grill (CMG) Tops Q3 EPS by 16c; Comps Rise 4.4%

October 25, 2018 4:20 PM EDT

Chipotle Mexican Grill (NYSE: CMG) reported Q3 EPS of $2.16, $0.16 better than the analyst estimate of $2.00. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.23 billion.

Comparable restaurant sales increased 4.4%, below the consensus of 5%.

"Chipotle's strategy to... More