Chipotle Mexican Grill (CMG) Tops Q3 EPS by 36c, Digital Sales Rose 203%
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Chipotle Announces Third Quarter 2020 Results Q3 Digital Sales Tripled Year-Over-Year And Accounted For Nearly Half Of Sales
October 21, 2020 4:10 PM EDTNEWPORT BEACH, Calf., Oct. 21, 2020 /PRNewswire/ --Â Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its third quarter ended September 30, 2020.
Third quarter highlights, which incorporate the impact of COVID-19, year over year:
Revenue increased 14.1% to $1.6 billion Comparable restaurant sales increased 8.3% Digital sales grew 202.5% and accounted for 48.8% of sales for the quarter Restaurant level operating margin was 19.5%, a decrease of 1.3% Diluted earnings per share was $2.82, net of a $0.94 after-tax impact from expenses related to certain legal proceedings, restaurant asset impairment... More