Chipotle Mexican Grill (NYSE: CMG) reported revenue of $1.4 billion, up 7.8% year-over-year. Net income was $76.4 million, or $2.70 per diluted share compared to $88.1 million, or $3.13 per diluted share in the first quarter of 2019.
Company’s digital sales grew 80.8% and accounted for 26.3% of total sales. Comparable restaurant sales increased 3.3%. COVID-19 had a negative impact on the comparable restaurant sales during the month of March, resulting in a decline of 16.0%.
Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the fourth quarter of 2022 when its revenues remained broadly unchanged. The company said fourth-quarter
General Motors Co. (NYSE: GM) reported fourth quarter 2022 earnings results today. Revenue increased 28.4% year-over-year to $43.1 billion. Net income attributable to stockholders increased 14.8% to $2 billion while EPS rose 19.8%
Construction-equipment manufacturer Caterpillar Inc. (NYSE: CAT) reported double-digit growth in fourth-quarter revenues and adjusted earnings. Adjusted net profit increased to $3.86 per share in the December quarter from $2.69 per