Chipotle Mexican Grill

NYSE:CMG   3:59:58 PM EDT
-24.30 (-1.33%)
Other Pre-Announcement

Chipotle Reports Q2 EPS $6.60

Published: 07/20/2021 20:22 GMT
Chipotle Mexican Grill (CMG) - Chipotle Announces Second Quarter 2021 Results.
Q2 Earnings per Share $6.60.
Q2 Revenue $1.9 Billion Versus Refinitiv Ibes Estimate of $1.88 Billion.
Q2 Earnings per Share Estimate $6.52 -- Refinitiv Ibes Data (analyst estimates).
Q2 Adjusted Earnings per Share $7.46 Excluding Items.
Qtrly Digital Sales Grew 10.5% and Accounted for 48.5% of Sales.
Qtrly Comparable Restaurant Sales Increased 31.2%.
Qtrly Restaurant Level Operating Margin Was 24.5%.
Sees 2021 Q3 Comparable Restaurant Sales Growth in Low to Mid Double-digits Range.
Anticipating at Or Slightly Above 200 New Restaurant Openings in Q3.
Chipotle Mexican Grill - Food, Beverage and Packaging Costs in Q2 Were 30.4% of Revenue, a Decrease of Nearly 300 Basis Points Compared to Q2 of 2020.