Chipotle Mexican Grill's (CMG) Price Target Lowered to $300 at Maxim
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Chipotle Mexican Grill, Inc. Announces First Quarter 2016 Results
April 26, 2016 4:30 PM EDTDENVER--(BUSINESS WIRE)-- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2016.
Highlights for the first quarter of 2016 as compared to the first quarter of 2015 include:
Revenue decreased 23.4% to $834.5 million Comparable restaurant sales decreased 29.7% Comparable restaurant transactions decreased 21.1% Restaurant level operating margin was 6.8%, a decrease from 27.5% Net loss was $26.4 million, a decrease from net income of $122.6 million Diluted loss... More