Chipotle Mexican Grill announced its Q4 and full year results Tuesday, February 5. Its total revenues jumped 17.2% to $699.2 million, helped by new restaurant openings and a 3.8% increase in the same-store sales. Net income rose 6.8% to $61.4 million or $1.95 a share, up from $1.81 a share. The company opened 60 restaurants in the quarter to raise its total count to 1,410. Chipotle reaffirmed its goal of adding 165-180 restaurants in 2013, including four in international markets. The company wil...
Chipotle Mexican Grill announced its Q4 and full year results Tuesday, February 5. Its total revenues jumped 17.2% to $699.2 million, helped by new restaurant openings and a 3.8% increase in the same-store sales. Net income rose 6.8% to $61.4 million or $1.95 a share, up from $1.81 a share. The company opened 60 restaurants in the quarter to raise its total count to 1,410. Chipotle reaffirmed its goal of adding 165-180 restaurants in 2013, including four in international markets. The company wil...
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