NYSE - Delayed Quote USD

Chipotle Mexican Grill, Inc. (CMG)

2,926.76

+11.76

(+0.40%)

At close: April 24 at 4:02 PM EDT

3,020.00

+93.24

(+3.19%)

Pre-Market: 4:00 AM EDT

Chipotle blows by earnings estimates as resilient foot traffic, margin expansion boost Q1 results

Chipotle posted another strong quarter against a difficult macro backdrop.

Yahoo Finance 10 hours ago

CMG
+0.40%
Chipotle earnings: Limited-time offerings boost results

Shares of Chipotle Mexican Grill (CMG) are soaring after the company reported better-than-expected first quarter earnings. The restaurant chain posted revenue of $2.7 billion, in line with expectations of $2.67 billion. Additionally, adjusted earnings per share (EPS) came in at $13.37, outperforming analysts' projections of $11.66. Same-store sales grew 7%, better than the 5.13% estimate. Placer.ai Head of Analytical Research R.J. Hottovy joins Market Domination Overtime to discuss the results. Hottovy attributes the company's strong performance to factors such as product innovation, robust traffic, and operating margin improvements throughout the quarter. He notes that this top-line revenue trend could continue into the second quarter, stating, "not every restaurant operator can say that in this environment." Hottovy also highlights Chipotle's efficient system, which resonates well with consumers. He points out that even when lines are long at Chipotle, customers are willing to wait "because they know they can get through that quickly," a characteristic that is not sector-wide. Lastly, Hottovy emphasizes that Chipotle — from a valuation perspective— still has ample growth opportunities, "particularly in smaller markets." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

Yahoo Finance Video 10 hours ago

CMG
+0.40%
Chipotle Mexican Grill Inc (CMG) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth ...

Chipotle reports a 14% revenue increase and significant operational improvements in the first quarter of 2024.

GuruFocus.com 1 hour ago

CMG
+0.40%
Dow Jones Futures Fall As Meta Dives On Guidance; Chipotle Eyes Buy Point

The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.

Investor's Business Daily 5 hours ago

META

^DJI

^GSPC
Chipotle Earnings Growth Accelerates; Burrito Giant Eyes Buy Points

Chipotle earnings growth accelerated for a second straight quarter as margins improved. Chipotle stock rose, around two buy points.

Investor's Business Daily 8 hours ago

CMG
+0.40%
Here's What Key Metrics Tell Us About Chipotle (CMG) Q1 Earnings

The headline numbers for Chipotle (CMG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks 10 hours ago

CMG
+0.40%
Chipotle Mexican Grill Inc (CMG) Q1 2024 Earnings: Surpasses Analyst Revenue and EPS Forecasts

Robust Growth and Strategic Expansions Underpin Performance

GuruFocus.com 10 hours ago

CMG
+0.40%
Chipotle Is Selling Lots of Burritos. Earnings Beat High Expectations.

Chipotle Mexican Grill posted first-quarter earnings and sales that beat Wall Street expectations, lifting the stock by 2.2% in after-hours trading on Wednesday. All but four of the new openings include drive-through lanes that allows consumers to pick up their digital orders faster.

Barrons.com 10 hours ago

CMG
+0.40%
Chipotle Mexican Grill (CMG) Q1 Earnings and Revenues Beat Estimates

Chipotle (CMG) delivered earnings and revenue surprises of 14.96% and 1.01%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 11 hours ago

CMG
+0.40%
Chipotle Raises Full-Year Outlook on Strong Burrito Demand

(Bloomberg) -- Chipotle Mexican Grill Inc. lifted its full-year outlook as limited-time offers such as chicken al pastor helped boost demand, continuing a streak of positive results as other chains struggle to boost diner traffic.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenMalaysia in Talks With Tycoons on Casino to Revive

Bloomberg 11 hours ago

CMG
+0.40%
Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

(Reuters) -Chipotle Mexican Grill raised its full-year sales forecast on Wednesday, on the back of resilient demand for its burritos and rice bowls despite higher menu prices. Shares of the company were up 3% at $3,015 in extended trading. Chipotle has seen an increase in foot traffic at its stores even in the face of sticky inflation that has constrained consumer spending on everything from apparel to dining out.

Reuters 12 hours ago

CMG
+0.40%
UPDATE 3-Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

Chipotle Mexican Grill raised its full-year sales forecast on Wednesday, on the back of resilient demand for its burritos and rice bowls despite higher menu prices. Chipotle has seen an increase in foot traffic at its stores even in the face of sticky inflation that has constrained consumer spending on everything from apparel to dining out. The company expects comparable restaurant sales growth of mid-to-high-single digit percentage for 2024, versus its previous projection of mid-single digit growth.

Reuters 12 hours ago

CMG
+0.40%
Chipotle (NYSE:CMG) Surprises With Q1 Sales

Mexican fast-food chain Chipotle (NYSE:CMG) reported Q1 CY2024 results topping analysts' expectations, with revenue down 14.1% year on year to $2.70 billion. It made a non-GAAP profit of $13.37 per share, improving from its profit of $10.50 per share in the same quarter last year.

StockStory 12 hours ago

CMG
+0.40%
CHIPOTLE ANNOUNCES FIRST QUARTER 2024 RESULTS

Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2024.

PR Newswire 12 hours ago

CMG
+0.40%
5 Intriguing Earnings Charts Including a Gold Miner

4 of these companies are trading near their all-time highs and then there is the gold producer.

Zacks 16 hours ago

XOM

TSCO

NOW
Dow Jones Futures: Tesla, AI Play Surge On Earnings, Meta Looms

A rally attempt is underway. Tesla and AI play Vertiv were big earnings winners. Meta and ServiceNow loom tonight.

Investor's Business Daily 20 hours ago

TSLA

META

^DJI
Chipotle Consistently Adds to Earnings-Driven After-Hours Moves in Next Day's Regular Session

Chipotle Consistently Adds to Earnings-Driven After-Hours Moves in Next Day's Regular Session

PREMIUM
MT Newswires 21 hours ago

CMG
+0.40%
50% of Billionaire Bill Ackman's Pershing Square Portfolio Is in These 3 Companies -- and They're Not Artificial Intelligence (AI) Stocks

Bill Ackman is much more of a value investor than many of his peers, and his portfolio reflects that.

Motley Fool 22 hours ago

CMG
+0.40%
Forget Chipotle, Check Out This Up-and-Coming Fast Casual Restaurant Entrant

Is Cava the next big thing in fast-casual dining? Find out why investors are taking notice of this Mediterranean-inspired gem.

Motley Fool 22 hours ago

CMG
+0.40%
CAVA
Study: Chipotle, Starbucks have highest burnout among major restaurants

Chipotle, which recently added new worker benefits to attract hires, had the second-highest burnout rating of any company in the study, surpassed only by Progressive.

Restaurant Dive 22 hours ago

CMG
+0.40%
SBUX
+1.00%

Performance Overview

Return	CMG	S&P 500
YTD	+27.98%	+6.33%
1-Year	+62.60%	+22.70%
3-Year	+99.30%	+21.33%

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Chipotle Mexican Grill, Inc. (CMG)

Chipotle blows by earnings estimates as resilient foot traffic, margin expansion boost Q1 results

Chipotle earnings: Limited-time offerings boost results

Chipotle Mexican Grill Inc (CMG) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth ...

Dow Jones Futures Fall As Meta Dives On Guidance; Chipotle Eyes Buy Point

Chipotle Earnings Growth Accelerates; Burrito Giant Eyes Buy Points

Here's What Key Metrics Tell Us About Chipotle (CMG) Q1 Earnings

Chipotle Mexican Grill Inc (CMG) Q1 2024 Earnings: Surpasses Analyst Revenue and EPS Forecasts

Chipotle Is Selling Lots of Burritos. Earnings Beat High Expectations.

Chipotle Mexican Grill (CMG) Q1 Earnings and Revenues Beat Estimates

Chipotle Raises Full-Year Outlook on Strong Burrito Demand

Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

UPDATE 3-Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

Chipotle (NYSE:CMG) Surprises With Q1 Sales

CHIPOTLE ANNOUNCES FIRST QUARTER 2024 RESULTS

5 Intriguing Earnings Charts Including a Gold Miner

Dow Jones Futures: Tesla, AI Play Surge On Earnings, Meta Looms

Chipotle Consistently Adds to Earnings-Driven After-Hours Moves in Next Day's Regular Session

50% of Billionaire Bill Ackman's Pershing Square Portfolio Is in These 3 Companies -- and They're Not Artificial Intelligence (AI) Stocks

Forget Chipotle, Check Out This Up-and-Coming Fast Casual Restaurant Entrant

Study: Chipotle, Starbucks have highest burnout among major restaurants

Performance Overview