Chipotle Reports Q4 Earnings That Meet Expectations but Misses Same-Store Sales

Reported about 8 hours ago

Chipotle Mexican Grill (CMG) released its Q4 earnings, achieving adjusted EPS of $0.25 and revenue of $2.85 billion, which aligned with analyst estimates. However, the company reported same-store sales growth of only 5.4%, falling short of the expected 5.67%. This has led to a decline in its stock during after-hours trading as analysts discuss the effects of increased menu prices on sales and customer traffic.

Source: YAHOO

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