Chipotle Mexican Grill, Inc.'s consistent sales growth and strong comparable sales, up 5.4% in Q4 and 7.4% for the year, support long-term investment. Despite short-term risks from tariffs and ingredient costs, Chipotle's strategic price increases and cost controls bolster its financial health. The company's aggressive expansion plans, including 315-345 new stores and significant share repurchases, signal confidence in sustained growth.
Chipotle—one of the original and most influential fast-casual spots in the country—just hit a major milestone. In 2024, they opened 304 new restaurants, marking the highest number of openings in a single year in their franchise history, according to a Tuesday earnings call.
Chipotle Mexican Grill, Inc. CMG shares are down Wednesday, after the company announced a revenue miss in the fourth quarter.
Shares of Chipotle Mexican Grill (CMG) slipped Wednesday, a day after the Mexican fast-casual restaurant chain missed revenue estimates as it tried to address investor concerns about possible tariffs on imports from Mexico.
CMG's fourth-quarter 2024 comps benefit from higher transactions and a rise in average checks.
Consumers are willing to pay higher prices at fast-casual restaurants if they get good portions, quality ingredients and value for the money, Chipotle executives said Tuesday (Feb. 4). Reporting the company's results for the fourth quarter, executives said Chipotle's food, beverage and packaging costs rose to 30.
Chipotle Mexican Grill, Inc. (NYSE:CMG ) Q4 2024 Earnings Conference Call February 4, 2024 4:30 PM ET Corporate Participants Cindy Olsen - Head of Investor Relations and Strategy Scott Boatwright - Chief Executive Officer Adam Rymer - Chief Financial Officer Conference Call Participants Sara Senatore - Bank of America David Tarantino - Baird David Palmer - Evercore ISI Lauren Silberman - Deutsche Bank Dennis Geiger - UBS Christine Zhao - Goldman Sachs John Ivankoe - JPMorgan Andrew Charles - TD Cowen Danilo Gargiulo - Bernstein Jon Tower - Citi Brian Harbour - Morgan Stanley Sharon Zackfia - William Blair Brian Bittner - Oppenheimer & Co. Zach Fadem - Wells Fargo Operator Good day and welcome to the Chipotle Mexican Grill Fourth Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
Chipotle CEO Scott Boatwright joins 'Mad Money' host Jim Cramer to talk quarterly results, footprint expansion, the impact of tariffs and more.
Chipotle CEO Scott Boatwright joins 'Mad Money' host Jim Cramer to talk quarterly results, footprint expansion, the impact of tariffs and more.
Although the revenue and EPS for Chipotle (CMG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Chipotle has found new sources of avocados for its guacamole over the last two years. But the chain could still take a hit if President Donald Trump adds tariffs to Mexican imports.
Chipotle Mexican Grill (CMG) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.21 per share a year ago.