Chipotle Q3 Earnings Highlights: Revenue Miss, EPS Beat, Store Guidance Update, 'Strong Results Led By Transaction Growth'
Chipotle Mexican Grill(CMG) Benzinga·2024-10-30 04:36Restaurant stock Chipotle Mexican Grill CMG reported third-quarter financial results after the market close Tuesday.Here are the key highlights.What Happened: Chipotle reported third-quarter revenue of $2.79 billion, up 13% year-over-year. The total missed a Street consensus estimate of $2.82 billion, according to data from Benzinga Pro.The company reported adjusted earnings of 27 cents per share in the third quarter, beating a Street consensus estimate of 25 cents per share.Comparable restaurant sales were ...