Chipotle Mexican Grill is about to report earnings. Here’s what to expect

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Chipotle Mexican Grill will report its quarterly earnings after the market closes on Wednesday. LSEG analysts expect earnings per share of 29 cents and revenue of $3.29 billion. Wall Street also projects a 1.5% increase in same-store sales, whose growth was weighed down during the summer by consumer concerns related to cyclospora. For the full year, the company projects low-single-digit growth in same-store sales. This is Chipotle’s first earnings report since speculation about a potential acquisition by Starbucks, which the coffee giant has since denied, while the stock has fallen nearly 22% this year.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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