Chipotle Mexican Grill (CMG) Tops Q4 EPS by 11c, Comps Increase 13.4%, Offers Guidance
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Chipotle Announces Fourth Quarter And Full Year 2019 Results
February 4, 2020 4:10 PM ESTNEWPORT BEACH, Calif., Feb. 4, 2020 /PRNewswire/ --Â Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its fourth quarter and fiscal year ended December 31, 2019.
Fourth quarter highlights, year over year:
Revenue increased 17.6% to $1.4 billion Comparable restaurant sales increased 13.4% with no net impact from loyalty deferral, and included 8.0% comparable restaurant transactions growth Digital sales grew 78.3% and accounted for 19.6% of sales Restaurant level operating margin was 19.2%, an increase of 220 bps Diluted earnings per share was $2.55, net of a $0.31 after-tax impact from expenses related to... More