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0.00499270546279793 -0.00466850380936942 -0.0403631058518398 0.00158858810179935 0.00483060463608367 -0.0598152050575458 -0.0598152050575458 -0.0669476414329712
Stock impact report

Chipotle up after showing margin improvement [Seeking Alpha]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: Seeking Alpha
Chipotle up after showing margin improvementChipotle (NYSE:CMG) reports comparable sales increased 0.9% inQ4 to edge pastthe +0.7% consensus estimate.Restaurant-level operating margin rose 140 bps to 14.9% of sales.Labor costs were level at 27.5% of sales.Food/beverage/packaging costs as a percentage of sales fell 110 bps to 34.2%.G&A expenses were down 90 bps to 5.2% of sales.Chipotle says it anticipates comparable restaurant sales will increase at a low single-digit rate in 2018. The company expects to open 130 to 150 restaurants this year.CEU update: "Our focus this year will be to continue perfecting the dining experience, enhancing the guest experience through innovations in digital and catering, and reinvesting in our restaurants. We are making good progress on our search for a new CEO who can improve execution, drive sales and enable Chipotle to realize our enormous potential."Previously:Chipotle Mexican Grill beats by $0.02, revenue in-line (Feb. 6)CMG+1.59% AH to $309.25.See Show less Read more
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