Chipotle Mexican Grill

Q3 Results Q/Q Comparison:

  • Revenue increased 8.8% to $1.13B
    • Same store sales increased 1.0%
  • GAAP diluted EPS was $0.69, up from $0.27
  • GAAP net income was $19.6M, up from $7.8M (includes $18.2M charge related to a data incident in April)
  • Restaurant-level operating margin increased to 16.1%, up from 14.1%
  • Opened 38 new restaurants and closed or relocated 3 locations
  • $0 debt and cash of $548M

Full Year 2017 Outlook:

  • Same store sales increase of 6.5%
  • New store openings at the low-end of the previously-disclosed range of 195 to 210
  • Expects to open 130 to 150 new restaurants in 2018

Stock Price: $324
Market Capitalization: $9.2 billion

October 24, 2017

 

 

 


 


 

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