Categories AlphaGraphs, Consumer, Earnings
CMG Earnings: A snapshot of Chipotle Mexican Grill’s Q2 results
Restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) on Wednesday announced financial results for the second quarter of 2023.
The company said its second-quarter earnings, adjusted for special items, moved up to $12.65 per share from $9.3 per share in the comparable period of last year. On a reported basis, net income was $341.8 million or $12.32 per share, vs. $259.9 million or $9.25 per share in the prior-year quarter.
June quarter revenues came in at $2.51 billion, compared to $2.21 billion in the second quarter of 2022. Comparable restaurant sales grew 7.4% during the three-month period.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results
McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today. Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion. Net income
Carnival Corporation (CCL): A couple of factors that work in favour of this cruise ship operator
Shares of Carnival Corporation & plc (NYSE: CCL) were down on Monday. The stock has gained 69% year-to-date. The company delivered strong results for the third quarter of 2023 and although
Earnings Preview: PepsiCo (PEP) likely to deliver another strong quarter
Over the years, brand loyalty and diversification of the portfolio have played a key role in the continued success of PepsiCo, Inc. (NASDAQ: PEP) The soft drink giant is now
