Categories AlphaGraphs, Earnings, Leisure & Entertainment

Chipotle Mexican Grill ends fiscal year on a disappointing note

Chipotle Mexican Grill (NYSE: CMG) reported fourth-quarter 2020 financial results after the regular market hours on Tuesday. The restaurant chain reported fourth-quarter revenue of $1.6 billion, up 12% year-over-year, but missed the Wall Street projection. Net income of $3.48 per share was also lower than what analysts had anticipated.

CMG shares fell 3.8% immediately following the announcement. The stock has rallied 76% in the trailing twelve months.

Chipotle-Mexican-Grill-Q4-2020-earnings

Looking forward to listening to management / analyst comments on the results? Stay tuned here for Chipotle Mexican Grill Q4 earnings call transcript

CEO Brian Niccol said in a statement, “Expanding access and convenience through our digital ecosystem has kept the Chipotle brand relevant and with world class talent, an inclusive culture, strong business fundamentals and deep financial strength, we are well prepared to emerge even stronger post-COVID.”

Prior performance

  • Chipotle Mexican Grill Q2 2020 earnings.
  • Chipotle Announces First Quarter 2020 Results
  • Chipotle Mexican Grill Q4 2019 earnings infographics
  • Chipotle Mexican Grill Q3 2020 earnings

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