Tuesday February 4, 2025, 17:47:42
By Mark Kalinowski
After today’s (Tuesday’s) market close, Chipotle Mexican Grill reported adjusted Q4 2024 EPS of $0.25. This was one cent higher than our $0.24 forecast, and matched sell-side consensus (according to Consensus Metrix) of $0.25. Relative to our model, we attribute the one-cent EPS beat to a Q4 adjusted tax rate that was more favorable than our projection by about 90 basis points.
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Thursday December 5, 2024, 07:00:00
By Mark Kalinowski
On November 20th, Chipotle “announced today the opening of its 1,000th Chipotlane restaurant on Thursday, November 21. Located in the Kansas City metro area, the milestone restaurant will feature the company’s signature digital order drive thru pick-up lane. Of the company’s more than 3,600 restaurants in its real estate portfolio, nearly 30% feature a Chipotlane. ‘Chipotlanes are a critical piece of our long-term growth goal of reaching 7,000 restaurants in North America,’ said Chris Brandt, Chief Brand Officer. ‘This restaurant format is the fastest way for fans to get Chipotle and has proven to increase sales, margins, and returns.’”
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Tuesday October 29, 2024, 18:06:16
By Mark Kalinowski
After today’s (Tuesday’s) market close, Chipotle Mexican Grill reported Q3 adjusted EPS of $0.27. This was above our $0.24 forecast and sell-side consensus (according to Consensus Metrix) of $0.25.
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