BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Chipotle Mexican Grill serving up hot results]]>http://www.bloggingstocks.com/2007/08/01/chipotle-mexican-grill-serving-up-hot-results/http://www.bloggingstocks.com/2007/08/01/chipotle-mexican-grill-serving-up-hot-results/http://www.bloggingstocks.com/2007/08/01/chipotle-mexican-grill-serving-up-hot-results/#commentsFiled under: , ,

Chipotle Mexican Grill Inc (NYSE: CMG) reported outstanding results again last night, and the fast-food chain rallied big in after-hours trading, up as much as $6. This followed a similar type of moving in the previous day's trading. Here are some of the highlights:
  • Diluted EPS increased 81.8% to $0.60
  • Revenue increased 33.9% to $274.3 million
  • Comparable restaurant sales increased 11.6% -- Wow!
  • Restaurant level operating margins increased 150 basis points to 23.2% -- Massive!
  • Net income increased 85.1% to $20.0 million -- Not too shabby!
Chipotle, which was scooped up by McDonald's Corporation (NYSE: MCD) at its earlier stages of development, looks like it's going to be the McDonald's of the future. This is comparable to investing in Ray Kroc when few of his hamburger joints populated the country. Buy Chipotle and go along for the ride.

Chipotle Mexican Grill serving up hot results originally appeared on BloggingStocks on Wed, 01 Aug 2007 08:15:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>chipotlecmgearningsfast foodFastFoodinthenewsmcdmcdonald'smcdonaldsmexicanray krocRayKrocWed, 01 Aug 2007 08:15:00 EST