Chipotle Mexican Grill (CMG) Q4 2024 earnings

From CNBC: 2025-02-04 15:40:01

Chipotle Mexican Grill is set to report earnings after the bell on Tuesday, with analysts expecting earnings per share of 24 cents and revenue of $2.85 billion. The company recently appointed Scott Boatwright as CEO, amidst a period of success with growing traffic and strong same-store sales.

Wall Street predicts Chipotle will announce same-store sales growth of 5.7% this quarter, outpacing the broader restaurant industry. However, the company faces uncertainty with potential tariff increases on Mexican imports, which could impact costs for ingredients like avocados and lead to price hikes.

Despite potential challenges, Chipotle’s shares have risen 17% over the past year, with a market cap of $79.52 billion. The company’s leadership change and continued success in the market position it for future growth and resilience.



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