Wells Fargo Upgrades Chipotle Mexican Grill (CMG) to Outperform
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Chipotle Mexican Grill, Inc. Announces Fourth Quarter and Full Year 2015 Results; CDC Investigation Over; Chipotle Welcomes Customers Back to Restaurants
February 2, 2016 4:30 PM ESTDENVER--(BUSINESS WIRE)-- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its fourth quarter and full year ended December 31, 2015.
Highlights for the fourth quarter of 2015 as compared to the fourth quarter of 2014 include:
Revenue decreased 6.8% to $997.5 million Comparable restaurant sales decreased 14.6% Restaurant level operating margin was 19.6%, a decrease of 700 basis points Net income was $67.9 million, a decrease of 44.0% Diluted earnings per share was $2.17, a decrease of 43.5% Opened 79 new restaurantsHighlights for the twelve... More
