Chipotle Mexican Grill Q4 Earnings Highlights: Revenue Beat, EPS Beat, Guidance And Unit Count Updates

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Restaurant company Chipotle Mexican Grill (NYSE:CMG) reported fourth-quarter financial results after the market close Tuesday.

Here are the key highlights for investors.

What Happened: Chipotle reported fourth-quarter revenue of $2.52 billion, which was up 15.4% year-over-year. The revenue total beat a Street consensus estimate of $2.49 billion, according to data from Benzinga Pro.

The company reported earnings per share of $10.36, which beat a Street consensus estimate of $9.75.

Chipotle opened 121 new restaurants, with 110 locations featuring a Chipotlane drive-thru.

Comparable restaurant sales were up 8.4% in the fourth quarter. Digital sales represented 36.1% of the total food and beverage sales in the fourth quarter.

For the full fiscal year, revenue totaled …

Full story available on Benzinga.com


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