Chipotle Exceeds Earnings Expectations and Aims to Become a Globally Iconic Brand
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Chipotle Mexican Grill, Inc. (NYSE: CMG) reported its Q4/2024 results on February 4, 2025. The company announced that customer traffic in its restaurants continues to increase, which helped Chipotle exceed analysts' earnings estimates. However, the burrito chain disappointed investors with its forecast for comparable sales growth in 2025 and comments about weaker foot traffic in January. CMG shares fell by more than 4% in after-hours trading. Here is an overview of the quarterly results: - Revenue: $2.85 billion (Expectations: $2.85 billion)...
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