| Chipotle Mexican Grill
Earnings Call |
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Chipotle Mexican Grill First Quarter Earnings Call
24th May 2008 00:00 AM |
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| Improvements to the culture contributed to the strength of the unit economic model and the ability to create value for shareholders. |
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| The restaurateur realized net income growth of 39% to $17 million or 52 cents a share, from $12 million or 38 cents a share in 2007 as revenue increased 29% from $236.1 million last year to $305.3 million, driven by new restaurants along with a 10.2% increase in comparable restaurant sales. Chipotle’s commitment to invest in better ingredients, from more sustainable sources, has continued to allow it to serve better tasting food to its customers. |
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Chipotle Mexican Grill Fourth Quarter Earnings Call
17th February 2008 00:00 AM |
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| Income rose 62% to $18 million or 53 cents, from $11 million or 33 cents a share in 2006 on revenue growth driven by restaurant openings. |
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| The restaurateur reported a 31.5% growth in revenue to $288.9 million from $219.7 million in 2006 on new restaurants openings and a 10.6% increase in comparable restaurant sales. The operating environment is expected to remain challenging characterized by pressures on food costs and restaurant level margins. However, strong restaurant economics, and a healthy real estate pipeline are expected to deliver results going forward. |
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Chipotle Mexican Grill Third Quarter Earnings Call
1st November 2007 00:00 AM |
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| The earnings grew to $20.6 million or 62 cents from $11.8 million or 36 cents in the prior year, on strong growth in revenue. |
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| Chipotle Mexican Grill reported revenue of $286.4 million, up 35.6% from the prior year, on 12.4% growth in same store sales and opening of 28 new restaurants. The leading fast food restaurant chain is now at the very early stages of plans to add restaurants in Toronto and expects to open a restaurant by the end of 2008. The company, under its Food with Integrity initiative, is now offering naturally raised chicken in about 80% of its restaurants. |
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Chipotle Mexican Grill Second Quarter Earnings Call
17th September 2007 00:00 AM |
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| Income grew 85% to $20 million from $10.8 million in 2006 following strong revenue performance. |
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| The restaurateur reported a 34% increase in revenues to $274.3 million from $204.9 million in 2006. The growth was attributable to new restaurants opened and an 11.6% increase in comparable restaurant sales due to an increase in customer visits. The firm reiterated commitment to continued investment in naturally raised meats and quality raw ingredients. |
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Chipotle Mexican Grill First Quarter Earnings Call
7th May 2007 00:00 AM |
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| Net income was $12.4 million or 38 cents per share compared to $8 million or 26 cents per share in the first quarter of 2006. |
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| The restaurant chain operator reported revenue increase of 26.2% over prior year to $236.1 million, due to 28 new restaurants and an 8.3% increase in comparable restaurant sales. Under its Food with Integrity program, in April, Chipotle Mexican Grill added naturally raised chicken in its 62 Colorado restaurants. Aiming to improve customer service, the firm completed the installation of change machines in about 400 more restaurants. The firm hopes to open 110 to 120 new restaurants in 2007. |
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