Chipotle Mexican Grill Inc
- Chipotle Mexican Grill Inc. dropped 12.0% to $46.51 after the fast-casual restaurant operator reported second-quarter results.
Revenue increased to $3.1 billion from $3 billion, net income declined to $436.1 million from $455.7 million, and diluted earnings per share inched down to 32 cents from 33 cents a year ago.
Comparable restaurant sales declined 4.0%, driven by a 4.9% drop in customer transactions and partially offset by a slight 0.9% rise in average ticket size.
Chipotle is expecting flat same-store sales for the full year compared to its previous guidance of an increase in low-single-digit growth, with plans to open 315 to 345 new company-owned restaurants, and over 80% will include a Chipotlane drive-thru.
The company also estimates a full-year effective tax rate between 25% and 27%, excluding any unusual tax items.
Total revenue grew by 3% to $3.1 billion, but comparable restaurant sales declined by 4%.
The operating margin narrowed to 18.2% from 19.7%, while the restaurant-level operating margin came in at 27.4%, down from 28.9%.
Diluted earnings per share dropped slightly to $0.32 from $0.33, and adjusted diluted EPS was 33 cents, down from 34 cents.
During the quarter, the company opened 61 new company-owned restaurants, with 47 of them featuring a Chipotlane drive-thru.
Jul 24, 2025 - Chipotle Mexican Grill Inc. slipped 2.05% to $47.76 after the fast-casual restaurant operator reported first-quarter 2025 results.
Revenue jumped to $2.87 billion from $2.70 billion, net income edged up to $386.60 million from $359.29 million, and diluted earnings per share rose to 28 cents from 26 cents a year ago.
Comparable restaurant sales decreased 0.4% in the quarter, driven by bad weather and a slowdown in consumer spending.
Food, beverage, and packaging costs in the first quarter were 29.2% of total revenue, an increase from 28.8% in the first quarter of 2024, but the increase was partially offset by higher menu prices.
The company opened 57 company-owned restaurants with 48 locations, including a Chipotlane, and two international licensed restaurants during the quarter.
Chipotle guided fiscal 2025 comparable sales growth in the low single-digit range, and it plans to open between 315 and 345 new company-owned restaurants, with over 80% having a Chipotlane.
Apr 24, 2025 - Chipotle Mexican Grill Inc. dropped 5.5% to $55.78 after the fast food chain's same-store sales in fiscal 2025 are likely to slow to a low- to mid-single-digit increase.
Revenue increased to $2.85 billion from $2.52 billion, net income jumped to $331.8 million from $282.1 million, and earnings per diluted share rose to 24 cents from 20 cents a year ago.
The company opened 119 restaurants during the quarter, compared to 121 restaurants a year earlier.
The company proposed to purchase up to $300 million worth of its shares.
Feb 5, 2025 - Chipotle Mexican Grill declined 7% to $56.24 after the fast food chain operator reported weaker-than-expected same store sales growth and revenue in the third quarter.
Third quarter revenue increased 13% to $2.8 billion from $2.5 billion, net income advanced to $387.4 million from $313.2 million, and diluted earnings per share rose to 28 cents from 23 cents a year ago.
Same-store sales growth in the quarter slowed sharply to 6% from 11.2% in the previous quarter.
During the third quarter, the company repurchased $488.1 million of stock at an average price per share of $54.55, and $1.1 billion remained available at the end of the period.
Oct 30, 2024 - Chipotle Mexican Grill decreased 2% to $50.77 after the restaurant chain operator reported
Revenue in the quarter increased 18% to $3.0 billion from $2.5 billion, net income advanced to $455.6 million from $341.7 million, and diluted earnings per share rose 32% to 33 cents from 25 cents a year ago.
Comparable same-store sales increased 11.1%, and the company opened 52 new stores in 46 locations and one international licensed restaurant.
The company reiterated full-year comparable restaurant same-store sales to increase in the mid- to high-single-digit range and open between 285 and 315 stores.
During the second quarter, the company repurchased $151.4 million of stock at an average price per share of $63.52.
As of June 30, $647.7 million was available under share repurchase authorizations, including an additional $400 million in authorized repurchases approved by the Board on June 5.
Jul 25, 2024
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 10.50 | 12.32 | 11.32 | - | - | |
| 2022 | 5.59 | 9.25 | 9.2 | 8.00 | 32.04 | |
| 2021 | 4.45 | 6.6 | 7.18 | 4.67 | 22.9 | |
| 2020 | 2.7 | 0.29 | 2.82 | 6.71 | 12.52 | |
| 2019 | 3.13 | 3.22 | 3.47 | 2.56 | 12.38 | |
| 2018 | 2.13 | 1.68 | 1.36 | 1.14 | 6.31 | |
| 2017 | 1.60 | 2.32 | 1.33 | 1.34 | 6.59 | |
| 2016 | 0.88 | 0.87 | 0.79 | 0.55 | 3.09 | |
| 2015 | 3.88 | 4.45 | 4.59 | 2.17 | 15.09 | |
| 2014 | 2.64 | 3.50 | 4.15 | 3.84 | 14.13 | |
| 2013 | 2.45 | 2.82 | 2.66 | 2.54 | 10.47 | |
| 2012 | 1.97 | 2.56 | 2.27 | 1.95 | 8.75 | |
| 2011 | 1.46 | 1.59 | 1.90 | 1.81 | 6.76 | |
| 2010 | 1.19 | 1.46 | 1.52 | 1.47 | 5.64 | |
| 2009 | 0.78 | 1.10 | 1.08 | 0.99 | 3.95 | |
| 2008 | 0.52 | 0.74 | 0.59 | 0.51 | 2.36 | |
| 2007 | 0.38 | 0.60 | 0.62 | 0.53 | 2.13 | |
| 2006 | 0.26 | 0.33 | 0.36 | 0.33 | 1.28 | |
| 2005 | 0.10 | 0.98 | 0.19 | 0.16 | 1.43 |