Chipotle Mexican Grill Inc. shares fell 8% in the after-hours session Wednesday after the fast-casual restaurant chain beat Wall Street expectations for its...
Chipotle Mexican Grill Inc. shares fell 8% in the after-hours session Wednesday after the fast-casual restaurant chain beat Wall Street expectations for quarterly earnings but called for a slightly weaker quarter and said that inflation hit some of its most popular menu items.
Those... Chipotle Mexican Grill Inc. shares fell 8% in the after-hours session Wednesday after the fast-casual restaurant chain beat Wall Street expectations for quarterly earnings but called for a slightly weaker quarter and said that inflation hit some of its most popular menu items. Those were offset in part by “by inflation across several food costs, primarily beef, tortillas, dairy, salsa, beans and rice,” the company said.
Analysts polled by FactSet had expected Chipotle to report adjusted earnings of $12.31 a share on sales of $2.53 billion. Same-store sales were seen up 7.5%.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Chipotle Mexican Grill is about to report earnings. Here's what to expectChipotle's stock has climbed 50% year to date.
Weiterlesen »
Chipotle sales rise but fall short of Wall Street's expectationsChipotle reported quarterly earnings that crushed expectations, but the burrito chain’s sales fell short. More here:
Weiterlesen »
Hampshire fire: 2 hospitalized after propane grill blaze at Kane County homeOne civilian and one police officer were hospitalized after a propane grill caused a large fire in a Kane County home Monday.
Weiterlesen »
Lawmakers to grill State Department officials over Biden’s Iran envoy probeA top Republican had threatened subpoenas if the department didn’t share more information on the Rob Malley case.
Weiterlesen »