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Chipotle Mexican Grill Inc (CMG.N)

CMG.N on New York Stock Exchange

457.83USD
14 Dec 2018
Change (% chg)

$-14.90 (-3.15%)
Prev Close
$472.73
Open
$467.84
Day's High
$471.77
Day's Low
$456.00
Volume
193,971
Avg. Vol
135,388
52-wk High
$530.49
52-wk Low
$247.82

Latest Key Developments (Source: Significant Developments)

Chipotle Mexican Grill Q3 Earnings Per Share $1.36
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE ANNOUNCES THIRD QUARTER 2018 RESULTS - EPS NEARLY DOUBLES, AS SALES COMP ACCELERATES, AND RESTAURANT MARGINS EXPAND TO 18.7% VERSUS Q3-2017.Q3 ADJUSTED EARNINGS PER SHARE $2.16 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $1.36.Q3 REVENUE $1.2 BILLION VERSUS I/B/E/S VIEW $1.23 BILLION.Q3 EARNINGS PER SHARE VIEW $2.00 -- THOMSON REUTERS I/B/E/S.QTRLY COMPARABLE RESTAURANT SALES INCREASED 4.4%.DIGITAL SALES GREW 48.3% IN QUARTER AND ACCOUNTED FOR 11.2% OF SALES.SEES 2018 COMPARABLE RESTAURANT SALES INCREASES FOR FULL YEAR IN LOW TO MID-SINGLE DIGITS.QTRLY FOOD, BEVERAGE AND PACKAGING COSTS WERE 33.4% OF REVENUE, A DECREASE OF 160 BASIS POINTS COMPARED Q3 OF 2017.QTRLY RESTAURANT LEVEL OPERATING MARGIN WAS 18.7% IN THE QUARTER, AN IMPROVEMENT FROM 16.1% IN Q3 2017.SEES 140 TO 155 NEW RESTAURANT OPENINGS IN 2019.SEES 2018 NEW RESTAURANT OPENINGS AT LOWER END OF PREVIOUSLY ANNOUNCED RANGE OF 130 TO 150.CHIPOTLE - QTRLY GENERAL AND ADMINISTRATIVE EXPENSES INCREASED VERSUS Q3 2017 DUE TO $15.8 MILLION IN EXPENSE RELATED TO CORPORATE RESTRUCTURING.QTRLY G&A EXPENSES INCREASED DUE TO $10.6 MILLION IN EXPENSE ASSOCIATED WITH BIENNIAL ALL MANAGERS' CONFERENCE.QTRLY G&A EXPENSES ALSO INCREASED DUE TO $7.2 MILLION EXPENSES RELATED TO INCREASED HEADCOUNT AND HIGHER BONUS EXPENSE.CHIPOTLE - QTRLY G&A EXPENSES ALSO INCREASED DUE TO $4.4 MILLION IN OUTSIDE SERVICE EXPENSE RELATED TO INITIATIVES FOR RESTAURANT GROWTH.  Full Article

James Marsden, Chipotle's Head Of Food Safety, Is Planning To Retire Next Year - Bloomberg
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - :JAMES MARSDEN, CHIPOTLE'S HEAD OF FOOD SAFETY, IS PLANNING TO RETIRE NEXT YEAR AND CHIPOTLE HAS STARTED LOOKING FOR HIS REPLACEMENT - BLOOMBERG.  Full Article

Chipotle Pilots New Customer Loyalty Program
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE PILOTS NEW CUSTOMER LOYALTY PROGRAM.CHIPOTLE MEXICAN GRILL INC - CHIPOTLE REWARDS ROLLS OUT IN THREE TEST MARKETS AHEAD OF A NATIONAL LAUNCH IN 2019.  Full Article

Pershing Square Capital Management Reports A 7.4 Pct Stake In Chipotle Mexican Grill
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Chipotle Mexican Grill Inc ::AS OF AUG. 28.PERSHING SQUARE CAPITAL MANAGEMENT, L.P. PREVIOUSLY REPORTED 10 PERCENT STAKE IN CHIPOTLE MEXICAN GRILL INC AS OF MARCH 3, 2017 .  Full Article

Chipotle Mexican Grill- Launching Direct Delivery Through DoorDash
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE MEXICAN GRILL INC - LAUNCHING DIRECT DELIVERY POWERED THROUGH DOORDASH.  Full Article

Chipotle And Doordash Offer Free Delivery This Weekend
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Chipotle Mexican Grill Inc ::AFTER RECORD-BREAKING DIGITAL SALES DAYS, CHIPOTLE AND DOORDASH OFFER FREE DELIVERY THIS WEEKEND.CHIPOTLE MEXICAN GRILL INC - CO, DOORDASH OFFER FREE DELIVERY ON ORDERS PLACED AUGUST 3 - AUGUST 5.  Full Article

Chipotle reopens Ohio restaurant after health probe - CNBC
Tuesday, 31 Jul 2018 

July 31 (Reuters) - :CHIPOTLE REOPENS OHIO RESTAURANT AFTER HEALTH PROBE - CNBC.  Full Article

Postmates Expands Its National Delivery Partnership With Chipotle Mexican Grill
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Postmates::POSTMATES SAYS ANNOUNCED IT HAS EXPANDED ITS NATIONAL DELIVERY PARTNERSHIP WITH CHIPOTLE MEXICAN GRILL.  Full Article

Chipotle Names Marissa Andrada Chief Human Resources Officer
Friday, 20 Apr 2018 

April 20 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE NAMES MARISSA ANDRADA CHIEF HUMAN RESOURCES OFFICER.ANDRADA COMES TO CHIPOTLE FROM KATE SPADE & COMPANY.  Full Article

Chipotle Says Entered Into Retention Agreements With CFO & Chief Marketing And Strategy Officer
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE MEXICAN GRILL - ON JAN 9, ENTERED INTO RETENTION AGREEMENTS WITH CFO JACK HARTUNG & CHIEF MARKETING AND STRATEGY OFFICER MARK CRUMPACKER​.CHIPOTLE - RETENTION AGREEMENTS INTENDED TO "ENCOURAGE EMPLOYEES' CONTINUED SERVICE" TO CO DURING PENDENCY OF NEW CEO SEARCH.CHIPOTLE MEXICAN GRILL SAYS ‍AMOUNT OF RETENTION BONUS PROVIDED FOR HARTUNG IS $1 MILLION, FOR CRUMPACKER IS $600,000 - SEC FILING.  Full Article

UPDATE 1-Ackman's Pershing Square exits Mondelez in favor of other bets

NEW YORK, Nov 14 Billionaire investor William Ackman has turned his back on snack maker Mondelez International and put the money into potentially more lucrative bets, including global coffee company Starbucks and hotel operator Hilton Worldwide Holdings.