Chipotle comps up 11% in 4Q

Chipotle Mexican Grill ended both its fourth quarter and the full year with same-store sales increases over 11 percent, the company said Wednesday.

For the fourth quarter ended Dec. 31, Chipotle reported profit up 23.7 percent. Net income for the quarter was $57.5 million, or $1.81 per share, compared with $46.4 million, or $1.50 per share, the same quarter last year.

Revenue was up 23.7 percent for the quarter to $596.7 million, with same-store sales up 11.1 percent.

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish