Chipotle Mexican Grill: Q3 Earnings Insights

Shares of Chipotle Mexican Grill CMG fell 6.6% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 1.57% over the past year to $3.76, which beat the estimate of $3.40.

Revenue of $1,601,000,000 up by 14.03% from the same period last year, which beat the estimate of $1,590,000,000.

Guidance

Chipotle Mexican Grill hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Oct 21, 2020

Time: 04:30 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1894/36947

Price Action

52-week high: $1384.46

52-week low: $415.00

Price action over last quarter: Up 20.60%

Company Profile

With $5.6 billion in systemwide sales during 2019, Chipotle Mexican Grill is the largest player in the $16 billion domestic fast-casual Mexican restaurant category. Its menu includes burritos, bowls, tacos, and salads, which are made from higher-quality ingredients than those typically found at quick-service restaurants. As of June, the firm operated almost 2,700 company-owned restaurants in the United States, Canada, the United Kingdom, France, and Germany.