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Market Updates

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.


05 Feb, 2025

     

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