Chipotle Mexican Grill (CMG) Tops Q3 EPS by 16c; Comps Rise 4.4%
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Chipotle Announces Third Quarter 2018 Results - EPS Nearly Doubles, As Sales Comp Accelerates, And Restaurant Margins Expand To 18.7% Versus Q3-2017
October 25, 2018 4:10 PM EDTNEWPORT BEACH, Calf., Oct. 25, 2018 /PRNewswire/ --Â Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its third quarter ended September 30, 2018.
Overview for the three months ended September 30, 2018 as compared to the three months ended September 30, 2017:
Revenue increased 8.6% to $1.2 billion Comparable restaurant sales increased 4.4% Digital sales grew 48.3% in the quarter and accounted for 11.2% of sales Restaurant level operating margin was 18.7%, an increase from 16.1% Net income was $38.2 million, including the after-tax impact of $22.4 million in expenses related to restaurant asset impairment, corporate... More