Chipotle Announces Third Quarter 2020 Results Q3 Digital Sales Tripled Year-Over-Year And Accounted For Nearly Half Of Sales
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Chipotle Mexican Grill (CMG) PT Raised to $1,200 at BMO Capital
October 22, 2020 7:13 AM EDTBMO Capital analyst Andrew Strelzik raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $1,200.00 (from $1.00) while maintaining a Market Perform rating following the company's 3Q earnings report. CMGs 3Q20 EPS of $3.76 exceeded consensus by $0.29 reflecting stronger comps and restaurant margins.
Acknowledging positive... More
Chipotle Mexican Grill (CMG) Tops Q3 EPS by 36c, Digital Sales Rose 203%
October 21, 2020 4:12 PM EDTChipotle Mexican Grill (NYSE: CMG) reported Q3 EPS of $3.76, $0.36 better than the analyst estimate of $3.40. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.59 billion. Comparable restaurant sales increased 8.3%. Digital sales grew 202.5% and accounted for 48.8% of sales for the... More
