Chipotle Q4 earnings boosted by digital surge, sees bigger restaurant footprint

Chipotle (CMG) on Tuesday posted fourth-quarter earnings report that mostly beat market expectations, with growth driven by a digital boom accounting for nearly 42% of sales, sending its stock on a tear in after-hours trading.

Here’s what the California-based company reported, compared to Wall Street’s expectations, according to a Bloomberg consensus estimate:

Shares of Chipotle, which were down nearly 3 percent compared to a year ago, spiked by over 7% in post-market trading after the…


Source link

About search

Check Also

Chiefs' Wanya Morris, Chukwuebuka Godrick arrested for misdemeanor marijuana possession – Yahoo Sports

Chiefs' Wanya Morris, Chukwuebuka Godrick arrested for misdemeanor marijuana possession – Yahoo Sports

[unable to retrieve full-text content]Chiefs’ Wanya Morris, Chukwuebuka Godrick arrested for misdemeanor marijuana possession  Yahoo Sports …

Leave a Reply

Your email address will not be published. Required fields are marked *