4-24-19 Chipotle Mexican Grill beats by $0.37, beats on revs
4-24-19 Chipotle Mexican Grill beats by $0.37, beats on revs
• Reports Q1 (Mar) earnings of $3.40 per share, $0.37 better than the S&P Capital IQ Consensus of $3.03; revenues rose 13.9% year/year to $1.31 bln vs the $1.27 bln S&P Capital IQ Consensus. Comparable restaurant sales increased 9.9%, net of 30 bps from loyalty deferral, and included 5.8% of comparable restaurant transaction growth and 2% in mix contribution
• Digital sales grew 100.7% and accounted for 15.7% of sales for the quarter
• Restaurant level operating margin was 21.0%, an increase from 19.5%
Outlook
• Mid to high single digit comparable restaurant sales growth, up from the prior mid-single digit growth expectation
• continues to expect 140 to 155 new restaurant openings
Call us today 702-685-0772 watch our site at www.FreeOptionTrader.com JOIN our free events we give by sending us an email then we will reply what day we give out Free Option Trading seminars
ChartingPlatform.com Options Trading Education 1,398 videos FreeOptionTrader.com Live Market videos with Live options trading Room
35 years We are the biggest on YouTube with 10 years of live market options entry and exits with our worldwide Option Trading in several countries around the