Recap: Chipotle Mexican Grill Q2 Earnings

Shares of Chipotle Mexican Grill CMG fell 1.29% in after-market trading after the company reported Q2 results.

Quarterly Results

Adjusted earnings per share decreased 89.97% over the past year to $0.40, which beat the estimate of $0.19.

Revenue of $1,365,000,000 decreased by 4.81% year over year, which beat the estimate of $1,320,000,000.

Guidance

Chipotle Mexican Grill hasn't issued any earnings guidance for the time being.

Chipotle Mexican Grill hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 22, 2020

Time: 04:30 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1894/35113

Technicals

Company's 52-week high was at $1176.64

52-week low: $415.00

Price action over last quarter: Up 32.61%

Company Profile

With $5.6 billion in systemwide sales during 2019, Chipotle Mexican Grill is the largest player in the $16 billion domestic fast-casual Mexican restaurant category. Its menu includes burritos, bowls, tacos, and salads, which are made from higher-quality ingredients than those typically found at quick-service restaurants. As of March, the firm operated more than 2,600 company-owned restaurants in the United States, Canada, the United Kingdom, France, and Germany.