- Chipotle (CMG) reports comparable store sales rose 6.2% during Q3 on an increase in store traffic.
- Restaurant level operating margin slipped 60 bps to 26.8% as higher food costs and marketing expenses factored in.
- The company expects comparable restaurant sales growth in the mid single-digit for 2013 and low single-digits for 2014 (unless menu prices are increased).
- CMG +2.6% AH.
From other sites
at CNBC.com (May 4, 2015)
Video at CNBC.com (Mar 26, 2015)
at CNBC.com (Mar 12, 2015)
Video at CNBC.com (Mar 12, 2015)
at CNBC.com (Mar 6, 2015)
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