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Chipotle Mexican Grill (CMG) estimates Q4 EPS at $1.92-$1.97, below consensus of $2.09. Revenue...

Chipotle Mexican Grill (CMG) estimates Q4 EPS at $1.92-$1.97, below consensus of $2.09. Revenue +17% to 699.2M, above Street forecasts of $690.7M. Comparable sales +3.8%, operating-profit margin -1.5 percentage points to 24.6%. Opened 60 restaurants. Although food costs increased more than expected in Q4, "we're optimistic that food inflation will level off in 2013," says co-CEO Monty Moran. (PR)
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Comments (1)
  • Brandond
    , contributor
    Comments (425) | Send Message
     
    Higher commodity costs for high multiple stocks spells bad news for Whole Foods and Hain. Watch that action over the coming days.
    16 Jan 2013, 07:56 AM Reply Like
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