Chipotle Mexican Grill on Tuesday said traffic to its restaurants keeps rising, helping the company top analysts’ estimates for its quarterly earnings.

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Chipotle Q4 Earnings: Revenue Miss, EPS Beat, Focus On 'Generous Portions' Drives Food Costs Higher, Shares Slide - Chipotle Mexican Grill (NYSE:CMG)

Chipotle earnings beat estimates as restaurant traffic rises again.

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Chipotle earnings beat estimates, but stock falls on weak same-store sales forecast

Chipotle reports fourth-quarter revenue of $2.845 billion, missing the consensus estimate of $2.847 billion, according to Benzinga Pro.

Some analysts said tougher comparisons, harsher weather and holiday timing may have put pressure on the fast-casual chain’s recent sales.

MarketWatch

Murdoch family

Chipotle’s stock sinks after earnings, as sales trends disappoint investors

Outlook for same-store sales this year was reduced to an increase in the low to mid-single digits

Wall Street Journal

Chipotle Shares Fall as Chain Tempers Sales Growth Hopes

Revenue fell slightly short of estimates, pushing Chipotle stock lower.

Barron's

Chipotle Earnings Beat. Why the Stock Is Falling.

Chipotle’s (CMG) fourth-quarter earnings beat expectations, showing that more customers are still flocking to its restaurants despite it hiking prices by 2% last year.Read more...

Quartz

Chipotle's price hikes haven't scared off customers – but the stock drops anyway

Chipotle Mexican Grill earnings beat by $0.01, revenue was in line with estimates

Investing.com

Chipotle Mexican Grill earnings beat by $0.01, revenue was in line with estimates By Investing.com

Consumers are willing to pay higher prices at fast-casual restaurants if they get good portions, quality ingredients and value for the money, Chipotle executives said Tuesday (Feb. 4). Reporting the company’s results for the fourth quarter, executives said Chipotle’s food, beverage and packaging costs rose to 30.4% of total revenue in the fourth quarter, up from 29.7% in the same quarter a year earlier. In a Tuesday earnings release, the company…

PYMNTS.com

Chipotle: Good Portions Keep Diners Coming Back Amid Rising Prices

RetailWit

Chipotle earnings beat estimates, but stock falls on weak same-store sales forecast – RetailWit

A Chipotle restaurant stands in Manhattan, New York City, on Feb. 6, 2024. Spencer Platt | Getty Images 
Chipotle Mexican Grill on Tuesday said traffic to its restaurants keeps rising, helping the company top analysts’ estimates for its quarterly earnings. However, the burrito chain disappointed investors with its same-store sales forecast for 2025. Shares of the company fell more than 3% in extended trading. Here’s what the company reported com…

Chipotle earnings beat estimates, but stock falls on weak same-store sales forecast

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