Chipotle drops after serving up revenue miss
Chipotle Mexican Grill Inc (NYSE:CMG) shares slumped ahead of Wednesday's opening bell after third-quarter revenue figures disappointed. Revenue climbed by 13% to $2.79 billion over the three months to September, the restaurant operator reported on Tuesday, missing analysts' estimates for $2.82 billion.
Chipotle Mexican Grill, Inc. (CMG) Q3 2024 Earnings Call Transcript
Chipotle Mexican Grill, Inc. (NYSE:CMG ) Q3 2024 Earnings Call Transcript October 29, 2024 4:30 PM ET Company Participants Cindy Olsen - Head of Investor Relations and Strategy Scott Boatwright - Interim Chief Executive Officer Adam Rymer - Chief Financial Officer Jack Hartung - President and Chief Strategy Officer Conference Call Participants Andrew Charles - TD Cowan David Tarantino - Baird Sara Senatore - Bank of America David Palmer - Evercore ISI Christine Zhao - Goldman Sachs Brian Harbour - Morgan Stanley John Ivankoe - JPMorgan Lauren Silberman - Deutsche Bank Chris O'Cull - Stifel Brian Bittner - Oppenheimer Sharon Zackfia - William Blair Danilo Gargiulo - Bernstein Operator Good day, and welcome to the Chipotle Mexican Grill Third Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
Chipotle (CMG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Chipotle (CMG) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Chipotle Mexican Grill (CMG) Beats Q3 Earnings Estimates
Chipotle Mexican Grill (CMG) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.23 per share a year ago.
Chipotle Stock Falls After Sales Outlook Disappoints Investors
Chipotle Mexican Grill (CMG) shares fell in late trading after the company indicated that same-store sales growth may be lower than anticipated.
Chipotle Q3 Earnings Highlights: Revenue Miss, EPS Beat, Store Guidance Update, 'Strong Results Led By Transaction Growth'
Restaurant stock Chipotle Mexican Grill CMG reported third-quarter financial results after the market close Tuesday.
Chipotle sales trends come up short, and stock falls
Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.
Chipotle Mexican Grill is about to report earnings. Here's what to expect
Chipotle is reporting earnings after the bell, and executives will hold a conference call with investors at 5 p.m. ET. This earnings report is Chipotle's first since CEO Brian Niccol left for Starbucks.
Inflation Price Hikes at Chipotle (CMG) & McDonald's (MCD)
@LikeFolio's Landon Swan looks at the affordability across the fast casual restaurant industry as consumers face higher menu prices. Chipotle (CMG) has seen nearly 50% year-over-year growth on its app following its smoked brisket limited time offering.
Chipotle Mexican Grill (CMG) Flat As Market Sinks: What You Should Know
Chipotle Mexican Grill (CMG) concluded the recent trading session at $59.44, signifying no movement from its prior day's close.
Chipotle Mexican Grill (CMG) Laps the Stock Market: Here's Why
In the most recent trading session, Chipotle Mexican Grill (CMG) closed at $59.44, indicating a +0.71% shift from the previous trading day.
Chipotle Stock Before Q3 Earnings: To Buy or Not to Buy?
CMG's third-quarter performance is likely to have gained from digital initiatives, Chipotlane add-ons and new restaurant openings.
