Categories AlphaGraphs, Consumer, Earnings
CMG Earnings: A snapshot of Chipotle Mexican Grill’s Q3 2024 results
Chipotle Mexican Grill, Inc. (NYSE: CMG), a leading fast-casual restaurant chain, has reported operating results for the third quarter of 2024.
The company reported total revenues of $2.8 billion for the third quarter, which is up 13% from the prior-year period. Comparable restaurant sales grew 6% year-over-year during the three months.
At $0.27 per share, Q3 adjusted earnings were up 17% from the year-ago quarter. Net income increased to $387.4 million or $0.28 per share in the September quarter from $313.2 million or $0.23 per share in Q3 2023. For fiscal 2024, the company expects comparable restaurant sales growth to be in the mid to high-single-digit range.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
United Airlines likely to continue profitable growth, despite uncertainties
United Airlines (NASDAQ: UAL) has focused its growth strategy on fleet expansion, technology adoption, and service diversification. In the new fiscal year, the company looks to leverage improving demand conditions
After a record FY24, JPMorgan prepares to report Q1 2025 earnings
JPMorgan Chase & Co. (NYSE: JPM) reported record-high revenue and profit for fiscal 2024, while continuing to expand its global footprint by optimizing operational efficiency and improving customer engagement. The
Ulta Beauty (ULTA): Here are the three main priorities in its business plan
Shares of Ulta Beauty, Inc. (NASDAQ: ULTA) were down 1% on Friday. The stock has dropped 15% over the past three months. The retailer is steering through a dynamic consumer
