Chipotle seen riding demand boom in Q2, with eyes on price hikes, innovation

Chipotle (CMG) on Tuesday posted a second-quarter earnings report that smashed Wall Street expectations, thanks to the mass return of customers after COVID-19 restrictions, and ongoing strength in digital sales.

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

  • Revenue: $1.9B vs. $1.88 billion expected

  • Adj. earnings per share (EPS): $7.46 vs. $6.54 per share expected

  • Same-store sales: 31.2% vs. 29.8%…


Source link

About search

Check Also

Stock market today: Dow touches 40,000 as stocks hover at record highs – Yahoo Finance

Stock market today: Dow touches 40,000 as stocks hover at record highs – Yahoo Finance

[unable to retrieve full-text content]Stock market today: Dow touches 40,000 as stocks hover at record …

Leave a Reply

Your email address will not be published.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