What's Going On With Chipotle Mexican Grill Stock Wednesday?
What's Going On With Chipotle Mexican Grill Stock Wednesday?
In addition, the company reported adjusted EPS of 27 cents, beating analysts' estimate of 25 cents and representing a 17% year-over-year growth. Chipotle also reported an operating margin of 16.9% and a restaurant-level operating margin of 25.5%.Chipotle Mexican Grill, Inc. (NYSE:CMG) shares are moving lower on Wednesday after the company reported fiscal earnings after the bell on Tuesday, including a revenue miss.
Chipotle Mexican Grill, Inc.（紐交所股票代碼：CMG）股價週三下跌，在公司週二晚間發佈業績後出現營業收入不及預期的情況。
What To Know: The company reported sales of $2.79 billion missing analysts estimate of $2.82 billion. Even though Chipotle missed analyst estimates for revenue, the reported figure represents a 13% year-over-year increase.
需要知道的是：該公司報告銷售額爲27.9億美元，低於分析師預估的28.2億美元。儘管Chipotle的營業收入未達到分析師的預期，但報告的數字仍代表了13%的年度增長。
Chipotle attributed the growth in sales to new restaurant openings and a 6% increase in comparable restaurant sales, driven by a 3.3% rise in transactions and a 2.7% increase in the average check.
Chipotle將銷售增長歸因於新餐廳開業以及可比餐廳銷售額增長6%，其中包括交易量增長3.3%和平均消費增長2.7%。
In addition, the company reported adjusted EPS of 27 cents, beating analysts' estimate of 25 cents and representing a 17% year-over-year growth. Chipotle also reported an operating margin of 16.9% and a restaurant-level operating margin of 25.5%.
此外，該公司報告調整後的每股收益爲27美分，超過了分析師的預估25美分，代表了17%的年度增長。Chipotle還報告了16.9%的營業利潤率和25.5%的餐廳級營業利潤率。
Throughout the third quarter, the company repurchased $488.1 million of its stock, leaving $1.1 billion available under its share repurchase authorization. The average purchase price for the stock was $54.55.
在第三季度，該公司回購了價值48810萬美元的股票，其回購授權下仍有11億美元可用。股票的平均購買價格爲54.55美元。
"Our teams work hard to deliver extraordinary value to our guests as they provide our fresh, delicious and customizable culinary experience, at accessible prices to millions of people every day," said Scott Boatwright, Interim CEO.
"我們的團隊努力爲客人提供非凡價值，爲他們提供新鮮、美味且可定製的烹飪體驗，以可負擔的價格每天服務數百萬人民，" 洛杉磯首席執行官Scott Boatwright說。
"They are the backbone of Chipotle and, together with our support centers, we will continue to execute against our five key strategies that help us win today, while we grow our future. This will help us to achieve our long-term target of reaching 7,000 restaurants in North America and move towards a more global brand."
"他們是Chipotle的支柱，與我們的支持中心一起，我們將繼續執行我們的五個關鍵戰略，幫助我們在當下取得成功，同時也朝着全球品牌發展。這將幫助我們實現在北美擁有7000家餐廳並走向更全球化品牌的長期目標。"
Analyst Changes: Following the earnings report, multiple analysts issued price target adjustments.
分析師變化：收益報告發布後，多家分析機構發出了股價目標調整。
- Baird analyst David Tarantino maintained an Outperform rating on Chipotle and raised the price target from $62 to $70.
- BMO Capital analyst Andrew Strelzik maintained a Market Perform rating on Chipotle and raised the price target from $55 to $56.
- Barclays analyst Jeffrey Bernstein maintained an Equal-Weight rating on Chipotle and raised the price target from $55 to $60.
- Wells Fargo analyst Zachary Fadem maintained an Overweight rating on Chipotle and raised the price target from $66 to $67.
- Baird分析師David Tarantino維持了Chipotle的「表現優異」評級，並將價格目標從62美元上調至70美元。
- BMO Capital分析師Andrew Strelzik維持了Chipotle的「市場表現」評級，並將價格目標從55美元上調至56美元。
- 巴克萊銀行分析師Jeffrey Bernstein維持了Chipotle的「等權」評級，並將價格目標從55美元上調至60美元。
- 富國銀行分析師Zachary Fadem維持了Chipotle的「超配」評級，並將價格目標從66美元上調至67美元。
CMG Price Action: As of Wednesday morning, Chipotle stock is trading 6.40% lower at $56.62, according to data from Benzinga Pro.
CMG價格行動: 截至週三上午，Chipotle股票價格下跌6.40%，報56.62美元，根據Benzinga Pro的數據顯示。
Image: Photo via Shutterstock
圖像：通過shutterstock拍攝
譯文內容由第三人軟體翻譯。
