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Chipotle Mexican Grill Inc (CMG.N)

CMG.N on New York Stock Exchange

700.00USD
18 Apr 2019
Change (% chg)

$11.79 (+1.71%)
Prev Close
$688.21
Open
$689.94
Day's High
$700.00
Day's Low
$687.01
Volume
136,493
Avg. Vol
125,313
52-wk High
$721.20
52-wk Low
$326.00

Latest Key Developments (Source: Significant Developments)

Chipotle, In Response To Report Of Customer Accounts Being Hacked, Says Has No Indication Of Any Breach Of Co's Databases Or Systems
Thursday, 18 Apr 2019 

April 17 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE MEXICAN GRILL, IN RESPONSE TO REPORT OF CUSTOMER ACCOUNTS BEING HACKED (NOT "DATA BREACH"), SAYS IT HAS NO INDICATION OF ANY BREACH OF CO’S DATABASES OR SYSTEMS.  Full Article

Chipotle Mexican Grill Q2 Earnings Per Share $1.68
Friday, 27 Jul 2018 

Chipotle Mexican Grill Inc ::CHIPOTLE ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $2.87 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $1.68.Q2 EARNINGS PER SHARE VIEW $2.80 -- THOMSON REUTERS I/B/E/S.QTRLY COMPARABLE RESTAURANT SALES INCREASED 3.3%.Q2 REVENUE $1.3 BILLION VERSUS I/B/E/S VIEW $1.26 BILLION.QTRLY FOOD COSTS WERE 32.6% OF REVENUE, A DECREASE OF 150 BASIS POINTS COMPARED TO Q2 OF 2017.QTRLY RESTAURANT LEVEL OPERATING MARGIN WAS 19.7% IN QUARTER, AN IMPROVEMENT FROM 18.8% IN Q2 OF 2017.SEES 2018 COMPARABLE RESTAURANT SALES INCREASES IN THE LOW TO MID-SINGLE DIGITS.SEES 2018 NEW RESTAURANTS OPENINGS AT THE LOWER END OF THE PREVIOUSLY ANNOUNCED GUIDANCE OF 130 TO 150.IN Q3, WE EXPECT EFFECTIVE TAX RATE TO BE AROUND 30.3%, AND Q4 TAX RATE TO BE AS HIGH AS 43%.OPENED 34 NEW RESTAURANTS DURING THE QUARTER, AND CLOSED OR RELOCATED EIGHT, BRINGING TOTAL RESTAURANT COUNT TO 2,467.  Full Article

Chipotle Mexican Grill Says Former CEO Steve Ells' 2017 Total Compensation Was $11.1 Mln
Saturday, 31 Mar 2018 

March 30 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE MEXICAN GRILL INC - FORMER CEO STEVE ELLS' 2017 TOTAL COMPENSATION WAS $11.1 MILLION VERSUS $15.7 MILLION IN 2016 - SEC FILING.CHIPOTLE MEXICAN GRILL INC - CFO JACK HARTUNG'S 2017 TOTAL COMPENSATION WAS $5.2 MILLION VERSUS $6.9 MILLION IN 2016 - SEC FILING.CHIPOTLE MEXICAN GRILL INC - FORMER CHIEF MARKETING AND STRATEGY OFFICER MARK CRUMPACKER'S 2017 TOTAL COMPENSATION WAS $4.2 MILLION VERSUS $4.9 MILLION IN 2016.  Full Article

Chipotle's Chief Marketing Officer Resigns
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Chipotle Mexican Grill Inc ::‍CO, MARK CRUMPACKER, CHIEF MARKETING AND STRATEGY OFFICER, ENTERED INTO AGREEMENT PROVIDING FOR CRUMPACKER’S RESIGNATION.AGREEMENT ENTITLES CRUMPACKER TO CASH SEVERANCE TOTALING 26 WEEKS OF PAY AT HIS BASE SALARY - SEC FILING.CHIPOTLE MEXICAN GRILL SAYS ‍AGREEMENT FURTHER PROVIDES THAT CRUMPACKER RELEASES ANY LEGAL CLAIMS AGAINST CHIPOTLE​.AGREEMENT ALLOWS CRUMPACKER 12 MONTHS TO EXERCISE VESTED STOCK-ONLY STOCK APPRECIATION RIGHTS, RATHER THAN 90 DAYS AS IN AWARD AGREEMENTS.  Full Article

Buffett discusses stocks, Kraft Heinz, Precision Castparts on CNBC
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Buffett says it is "crazy" to borrow money to buy stocks:.  Full Article

Chipotle Picks Taco Bell CEO Brian Niccol To Be Its New Chief- WSJ
Wednesday, 14 Feb 2018 

Feb 13 (Reuters) - :CHIPOTLE PICKS TACO BELL CEO BRIAN NICCOL TO BE ITS NEW CHIEF- WSJ, CITING SOURCES.NICCOL WILL SUCCEED CHIPOTLE FOUNDER STEVE ELLS ON MARCH 5- WSJ,CITING SOURCES.  Full Article

Chipotle Says Will Reinvest More Than One-Third Of Savings From Tax Law Into Its Employees​
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE ANNOUNCES BONUSES, NEW TRAINING PROGRAMS AND EXPANDED PARENTAL LEAVE FOR EMPLOYEES.CHIPOTLE MEXICAN GRILL INC - WILL REINVEST MORE THAN ONE-THIRD OF ITS ANTICIPATED SAVINGS FROM TAX LAW CHANGES INTO ITS EMPLOYEES​.CHIPOTLE MEXICAN GRILL INC - ‍QUALIFIED HOURLY AND SALARIED RESTAURANT EMPLOYEES WILL RECEIVE A SPECIAL ONE-TIME CASH BONUS OF UP TO $1,000​.CHIPOTLE MEXICAN GRILL INC - ‍QUALIFIED STAFF EMPLOYEES WILL RECEIVE A ONE-TIME STOCK GRANT.​.CHIPOTLE MEXICAN GRILL INC - ‍ADDITIONAL PAID PARENTAL LEAVE COVERAGE FOR EVERYONE FROM HOURLY MANAGERS TO SALARIED EMPLOYEES​.CHIPOTLE MEXICAN GRILL INC - ‍HAS ADDED LIFE INSURANCE AND SHORT-TERM DISABILITY INSURANCE COVERAGE FOR HOURLY RESTAURANT MANAGERS​.CHIPOTLE - ‍ENHANCEMENTS RESULTING FROM SAVINGS DUE TO TAX CUTS AND JOBS ACT; NEW BENEFITS HAVE ALREADY BEGUN ROLLING OUT TO CHIPOTLE EMPLOYEES​.  Full Article

Chipotle Reports Q4 Earnings Per Share $1.55
Wednesday, 7 Feb 2018 

Feb 6 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE FOURTH QUARTER EARNINGS PER SHARE GROWS 182% TO $1.55 ON REVENUE INCREASE OF 7.3%.Q4 EARNINGS PER SHARE $1.55.QTRLY REVENUE INCREASED 7.3% TO $1.1 BILLION.Q4 EARNINGS PER SHARE VIEW $1.32, REVENUE VIEW $1.11 BILLION -- THOMSON REUTERS I/B/E/S.COMPARABLE RESTAURANT SALES INCREASED 0.9% FOR QUARTER.QTRLY FOOD COSTS WERE 34.3% OF REVENUE, A DECREASE OF 70 BASIS POINTS AS COMPARED TO PRIOR YEAR.SEES FOR 2018 COMPARABLE RESTAURANT SALES INCREASES IN LOW SINGLE DIGITS.SEES FOR 2018, 130 - 150 NEW RESTAURANT OPENINGS.RESTAURANT LEVEL OPERATING MARGIN WAS 14.9% IN QUARTER, AN IMPROVEMENT FROM 13.5% IN Q4 OF 2016.NET INCOME FOR Q4 OF 2017 INCLUDED A $6.0 MILLION BENEFIT ($0.21 PER DILUTED SHARE) FOR CHANGES IN U.S. TAX LAW.CHIPOTLE MEXICAN GRILL SAYS LOWER INCOME TAX RATE FROM TAX LAW CHANGE WILL RESULT IN SAVINGS OF APPROXIMATELY $40 TO $50 MILLION IN 2018.CHIPOTLE MEXICAN GRILL - PLAN TO INVEST TAX SAVINGS ON ONE-TIME CASH BONUS, ONE-TIME STOCK BONUSES TO STAFF.  Full Article

Chipotle Says Entered Into Retention Agreements With CFO & Chief Marketing And Strategy Officer
Saturday, 13 Jan 2018 

Jan 12 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE MEXICAN GRILL - ON JAN 9, ENTERED INTO RETENTION AGREEMENTS WITH CFO JACK HARTUNG & CHIEF MARKETING AND STRATEGY OFFICER MARK CRUMPACKER​.CHIPOTLE - RETENTION AGREEMENTS INTENDED TO "ENCOURAGE EMPLOYEES' CONTINUED SERVICE" TO CO DURING PENDENCY OF NEW CEO SEARCH.CHIPOTLE MEXICAN GRILL SAYS ‍AMOUNT OF RETENTION BONUS PROVIDED FOR HARTUNG IS $1 MILLION, FOR CRUMPACKER IS $600,000 - SEC FILING.  Full Article

Chipotle Responds To Report Of Investigation Of Restaurant
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE MEXICAN GRILL INC RESPONDS TO REPORT OF INVESTIGATION OF RESTAURANT AFTER CUSTOMERS COMPLAIN OF ILLNESS.SAYS WE ARE AWARE OF A FEW ILLNESS REPORTS ON USER GENERATED REPORTING SITES‍​.SAYS HAVE NOT BEEN MADE AWARE OF ANY ILLNESS REPORTS MADE TO LOCAL HEALTH OFFICIALS.SAYS REPORTED ILLNESSES OF SOME EMPLOYEES TO LOCAL HEALTH OFFICIALS WHO INSPECTED THE RESTAURANT ON TUESDAY.  Full Article

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Chipotle shares surge as turnaround plan takes hold

Chipotle Mexican Grill Inc's shares rose as much as 15 percent on Thursday as Chief Executive Officer Brian Niccol's mobile ordering options and promotion strategies introduced last year gave investors confidence that the burrito chain would pull back customers it lost to a food safety scandal in 2015.