Fastfood chain Chipotle Mexican Grill (NYSE: CMG) Tuesday said its fourth-quarter revenues and earnings increased in double-digits. The bottom line also topped expectations.
Fourth-quarter adjusted earnings rose to $5.58 per share from $3.48 per share in the same period of 2020 and came in above the consensus forecast. Net income was $133.5 million or $4.69 per share, compared to $191.0 million or $6.69 per share in the prior year.
At $1.96 billion, revenues were up 22% from the year-ago quarter. The top line matched analysts’ forecast. Shares of the company gained on Tuesday evening following the announcement, after closing the regular session higher.
Salesforce, Inc. (NYSE: CRM) reported strong third-quarter results this week, triggering a stock rally that marked one of the biggest single-day gains. The impressive performance reflects the continued strong demand
Shares of the J.M. Smucker Co. (NYSE: SJM) rose over 1% on Friday. The stock has dropped 29% year-to-date. The branded foods company is set to report its earnings results
Ulta Beauty, Inc. (NASDAQ: ULTA) reported net sales of $2.5 billion for the third quarter of 2023, up 6.4% year-over-year, helped by increased comparable sales, strong new store performance, and