Home > Chipotle's Fourth Quarter Report Beats Wall Street Expectations

Chipotle's Fourth Quarter Report Beats Wall Street Expectations


Chipotle has beaten Wall Street's earnings expectations for the fourth quarter. The company reported earnings of $1.34 per share, just above the expected $1.32. It also matched expected revenues of $1.11 billion, fueled by menu price increases. In 2018, Chipotle says it plans to open 130-150 new restaurants. It also expects to save between $40 and $50 million thanks to recently passed tax cuts.

Added on the 06/02/2018 17:53:13 - Copyright : Wochit

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