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Chipotle posted same-store sales growth of 6%, which contributed to revenue's 13% rise to $2.79 billion, though that fell short of the analyst consensus at $2.82 billion.
Chipotle is expanding faster than those fast-food giants, but it could struggle to maintain its premium valuation if its growth cools off. Chipotle is consistently buying back its own shares, but ...
Chipotle stock fell early on Wednesday as investors digested third quarter results that missed Wall Street's sales estimates after a string of winning quarters.The burrito chain reported $2.78 ...
For the quarter, sales grew 13% to reach $2.8 billion, driven by a 6% comp with over 3% transaction comp growth. In-restaurant sales grew by 18% over last year. Digital sales represented 34% of sales.
For example, during the week ending July 16, foot traffic jumped 12.3% compared to a year ago, but in the last week of September, that increase was 3.9%. Though Chipotle trades at a premium ...
Per Bloomberg consensus estimates, Chipotle is expected to end 2024 with $11.3 billion in revenue and adjusted earnings per share of $1.10, compared to $0.90 in fiscal 2023 and $0.18 in 2018.
During the three-month period that ended June 30, Chipotle posted 18.2% year-over-year sales growth. The $3 billion in revenue was 129% higher than five years before in Q2 2019.
Chipotle just reported "weak" same-store sales. Get ready for Cava to do the same -- and don't worry too much about it.