Chipotle Mexican Grill Inc. Announces Decline In Q1 Bottom Line
(RTTNews) - Chipotle Mexican Grill Inc. (CMG-B) reported a profit for first quarter that Drops, from last year
The company's bottom line came in at $302.82 million, or $0.23 per share. This compares with $386.59 million, or $0.28 per share, last year.
Excluding items, Chipotle Mexican Grill Inc. reported adjusted earnings of $316.22 million or $0.24 per share for the period.
The company's revenue for the period rose 7.4% to $3.088 billion from $2.875 billion last year.
Chipotle Mexican Grill Inc. earnings at a glance (GAAP) :
-Earnings: $302.82 Mln. vs. $386.59 Mln. last year. -EPS: $0.23 vs. $0.28 last year. -Revenue: $3.088 Bln vs. $2.875 Bln last year.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.