Chipotle Mexican Grill (NYSE: CMG) reported second-quarter financial results after the regular market hours on Wednesday. During the quarter, adjusted EPS plunged 90% as revenues slipped 5%. The results were, however, better than Wall Street projections.

CMG shares fell 1.3% immediately following the announcement. The stock has gained 37% since the beginning of this year.
The company did not give an outlook in the second quarter as well, as Covid 19 pandemic continues to affect business. Digital sales, meanwhile, tripled during the quarter, thanks to new partnerships with Uber Eats and Grubhub.
[irp posts=”66735″]
Prior performance
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive Company’s Q4 2022 financial results
Colgate-Palmolive Company (NYSE: CL) reported fourth quarter 2022 earnings results today. Net sales increased 5% year-over-year to $4.62 billion. Organic sales growth was 8.5%. Net income attributable to Colgate-Palmolive Company was
Key highlights from Chevron Corporation’s (CVX) Q4 2022 earnings results
Chevron Corporation (NYSE: CVX) reported fourth quarter 2022 earnings results today. Total revenues and other income were $56.4 billion compared to $48.1 billion in the year-ago period. Net income attributable
AXP Earnings: All you need to know about American Express’ Q4 2022 earnings results
American Express Company (NYSE: AXP) reported fourth quarter 2022 earnings results. Consolidated total revenues net of interest expense were $14.2 billion, up 17% from a year ago. Net income was