Chipotle Beats Profit, Sales Expectations - News Summed Up

Chipotle Beats Profit, Sales Expectations


Chipotle Mexican Grill Inc. beat sales and profit expectations, continuing to regain its footing after operational problems spooked customers and investors. The taco-and-burrito chain on Wednesday reported a profit of $3.13 a share on $88.1 million in income, up from $2.13 per diluted share on $59.4 million in profit in the first quarter of 2018. Excluding restructuring costs and certain other expenses, Chipotle reported an adjusted profit of $3.40 a share.


Source: Wall Street Journal April 24, 2019 21:11 UTC



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