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Stock impact report

Chipotle earnings: Limited-time offerings boost results [Yahoo! Finance]

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: Yahoo! Finance
The restaurant chain posted revenue of $2.7 billion, in line with expectations of $2.67 billion. Additionally, adjusted earnings per share (EPS) came in at $13.37, outperforming analysts' projections of $11.66. Same-store sales grew 7%, better than the 5.13% estimate. Placer.ai Head of Analytical Research R.J. Hottovy joins Market Domination Overtime to discuss the results. Hottovy attributes the company's strong performance to factors such as product innovation, robust traffic, and operating margin improvements throughout the quarter. He notes that this top-line revenue trend could continue into the second quarter, stating, "not every restaurant operator can say that in this environment." Hottovy also highlights Chipotle's efficient system, which resonates well with consumers. He points out that even when lines are long at Chipotle, customers are willing to wait "because they know they can get through that quickly," a characteristic that is not sector-wide. Lastly, Hottovy emphas Show less Read more
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