Edit

Chipotle Mexican Grill, Inc. Announces Second Quarter 2014 Results

Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its second quarter ended June 30, 2014.

Highlights for the second quarter of 2014 as compared to the second quarter of 2013 include:

  • Revenue increased 28.6% to $1.05 billion
  • Comparable restaurant sales increased 17.3%
  • Restaurant level operating margin was 27.3%, a decrease of 30 basis points
  • Net income was $110.3 million, an increase of 25.5%
  • Diluted earnings per share was $3.50, an increase of 24.1%
  • Opened 45 new restaurants


Highlights for the six months ended June 30, 2014 as compared to the prior year include:

  • Revenue increased 26.6% to $1.95 billion
  • Comparable restaurant sales increased 15.5%
  • Restaurant level operating margin was 26.7%, a decrease of 30 basis points
  • Net income was $193.3 million, an increase of 17.6%
  • Diluted earnings per share was $6.14, an increase of 16.5%
  • Opened 89 new restaurants
Read the Full Article

Trending

More from our partners