Chipotle continue to expect food costs to be about 34.2pct of sales for Q2 [Reuters]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: Reuters
4:14pm EDT June 19 (Reuters) - Chipotle Mexican Grill Inc : :Chipotle - for Q2, continue to expect food costs to be about 34.2pct of sales, marketing & promotion costs to be up about 20 to 30 basis points versus q1.Chipotle Mexican Grill Inc says for the full year, continue to expect comparable restaurant sales increases in the high single digits .Chipotle Mexican Grill - "expect other operating costs as a percentage of sales for Q2 to be at or slightly higher than reported for Q1".Chipotle Mexican Grill Inc - for full year, continue to expect 195-210 new restaurant openings, an estimated effective tax rate of approximately 39.0pct.
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- Chipotle Mexican Grill, Inc. (NYSE: CMG) had its price target raised by analysts at Truist Financial Co. from $3,250.00 to $3,440.00. They now have a "buy" rating on the stock.MarketBeat
- Chipotle Mexican Grill, Inc. (NYSE: CMG) had its price target raised by analysts at Barclays PLC from $2,400.00 to $2,865.00. They now have an "equal weight" rating on the stock.MarketBeat
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/23/24 - Form ARS
- CMG's page on the SEC website