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Chipotle Mexican Grill, Inc. Message Board

  • cash_back_7 cash_back_7 Jan 31, 2013 2:50 PM Flag

    just to clarify on Q4 2012 food cost expense line

     

    if you read pre-announcement PR it went up as percentage of sales . if u then compare to previous Q3 as they will report identical sales (with 60 more stores added) then u see food cost is up by ~$8 Mil during the quarter or around 2.5% increase from Q to Q.

    of course u may analyse their meat, cheese, grains, etc. increases separately to get a better earnings numbers, , but their top line seems to be weakening regardless.

    i am amazed such simple game here and all last season players walked away to kill themselves on amazon

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