$CMG (Chipotle Mexican Grill, Inc.)

$CMG {{ '2015-10-12T16:49:14+0000' | timeago}} • Announcement

$CMG appointed Curt Garner as CIO and becomes first CIO of $CMG, effective Nov. 23, 2015. Prior to joining $CMG, Garner served as CIO at $SBUX, where he held a variety of positions in the company's information technology group throughout his 18 years with the company. In his new role at $CMG, Garner will report to Jack Hartung, CFO.

$CMG {{ '2017-11-29T14:18:57+0000' | timeago}} • Announcement

$CMG announced that Steve Ells, Chairman & CEO, will become Executive Chairman following the appointment of a new CEO. The Board has formed a search committee comprised of Directors Robin Hickenlooper and Ali Namvar, as well as Ells, and has also retained the services of executive recruitment firm Spencer Stuart to identify a new CEO.

$CMG {{ '2017-11-06T15:34:39+0000' | timeago}} • Announcement

$CMG announced a new mobile app that is available for download on Apple and Android devices. The app offers features such as quick reorder of one’s favorite meals, streamlined payment options and the ability to receive, store and redeem Chipotle offers. Guests can download the new app on the Apple App Store or Android Google Play.

$CMG {{ '2017-10-25T19:34:08+0000' | timeago}} • Webcast

In terms of free cash flow for 2018, $CMG plans to use any additional cash for strategic investments such as digital and remodels. The company expects to examine remodels during 1Q18 and consider implementing it in 2H18. But to the extent that there are no strategic investments, $CMG expects to use the cash to buy back stock at a high level.

$CMG {{ '2017-10-25T19:20:33+0000' | timeago}} • Webcast

$CMG's core business was adversely impacted by hurricanes Harvey and Irma. About 425 of its restaurants were directly in the path of the storms, and more restaurants were indirectly impacted by the subsequent rain along the East Coast. Due to the downtime from the hurricanes, $CMG estimates sales were lower by about $6MM or 50BP of comp for 3Q17.

$CMG {{ '2017-10-25T19:20:16+0000' | timeago}} • Webcast

During 3Q17, $CMG drove sales through its efforts to strengthen digital ordering, which continues to perform near record levels. Since implementing Smarter Pickup Times earlier in 2017, the company has seen a 51% increase in digital orders. Online advertising support for digital ordering is effective, driving more than 40% of all online orders.

$CMG {{ '2017-10-24T22:02:58+0000' | timeago}} • Announcement

For full year 2017, $CMG expects comparable restaurant sales increases of about 6.5% and new restaurant openings slightly below the low end of the range of 195-210. For 2018, the company expects 130-150 new restaurant openings.

$CMG {{ '2017-10-24T22:00:12+0000' | timeago}} • Announcement

$CMG reported net income of $19.6MM or $0.69 per share in 3Q17 compared to $7.8MM or $0.27 per share in 3Q16. Revenue was $1.13Bil, up 8.8% from 3Q16. The increase in revenue was driven by new restaurant openings and to a lesser extent from an increase in comparable restaurant sales. Comparable restaurant sales grew 1%.

$CMG {{ '2017-10-24T21:12:55+0000' | timeago}} • Infographic

$CMG Chipotle Mexican Grill AlphaGraphic: Q3 2017 Highlights

$CMG {{ '2017-08-14T19:50:31+0000' | timeago}} • Announcement

$CMG has hired Laurie Schalow as Chief Communications Officer, a newly created position that will oversee all facets of Chipotle’s internal and external communications. Schalow comes to Chipotle from $YUM where she held a variety of positions in communications, most recently serving as VP of public affairs.

$CMG {{ '2017-07-25T21:27:43+0000' | timeago}} • Announcement

$CMG, that struggles to win back customers after the E.coli and norovirus outbreaks, said it expects its FY17 comparable restaurant sales to increase in the high single digits. The company expects to open about 195 - 210 new restaurants in FY17.

$CMG {{ '2017-07-25T21:23:28+0000' | timeago}} • Announcement

The burrito maker $CMG reported 17.1% rise in its 2Q17 revenues to $1.17Bil, helped by new restaurant openings and 8.1% rise in comparable restaurant sales. Net income rose to $66.7MM, or $2.32 per share, compared to $25.6MM, or $0.87 per share during 2Q16. Restaurant level operating margin during the quarter rose to 8.8%

$CMG {{ '2017-07-25T21:03:15+0000' | timeago}} • Infographic

The burrito maker $CMG, that is still recovering from the prolonged food safety crisis, posted 5% decline in its average restaurant sales. The company's restaurant level operating margin increased to 18.8%.

$CMG {{ '2017-07-25T21:02:28+0000' | timeago}} • Infographic

$CMG Chipotle Mexican Grill Earnings AlphaGraphic: Q2 2017 highlights

$CMG {{ '2017-05-26T19:56:37+0000' | timeago}} • Announcement

$CMG said the investigation regarding its payment card security incident identified the use of malware designed to access payment card data from cards used on POS devices at certain Chipotle and Pizzeria Locale restaurants. $CMG removed the malware and is working to improve security measures but asked users to be vigilant against possible fraud.

$CMG {{ '2017-05-11T15:14:15+0000' | timeago}} • Announcement

$CMG hired Scott Boatwright as Chief Restaurant Officer. In this role Boatwright will work with the company’s senior restaurant leadership team to oversee restaurant operations for company's nearly 2,300 North American restaurants. Boatwright joins $CMG effective May 30, 2017.

$CMG {{ '2017-05-11T15:12:03+0000' | timeago}} • Announcement

$CMG appointed Scott Boatwright as chief restaurant officer, a position where he will work with its senior restaurant leadership team to oversee restaurant operations. Boatwright comes to $CMG from Arby’s Restaurant Group, where he served as SVP of operations. He joins $CMG effective May 30.

$CMG {{ '2017-04-25T21:43:45+0000' | timeago}} • Webcast

$CMG stated that on the 5% price increase in certain markets, the company is expecting about a 25% resistance in both transaction and average check. Additionally on Westcoast trends, $CMG added that it is still lagging, but the Midwest and Rocky Mountain continue to outperform the company as a whole.

$CMG {{ '2017-04-25T21:23:25+0000' | timeago}} • Webcast

$CMG said that on the road map for digital orders for the rest of 2017, the company recently made some improvements on the web and mobile site to allow customers to customize their meals. $CMG also is expanding the network of delivery providers it has and is seeing good growth in that channel.

$CMG {{ '2017-04-25T20:34:44+0000' | timeago}} • Announcement

For FY17, $CMG sees comparable restaurant sales rising in the high-single digits, with 195 to 210 new restaurant openings. The full-year tax rate is estimated at 39%. At 1Q17 end, total restaurant count for Chipotle was 2,291.

$CMG {{ '2017-04-25T20:31:24+0000' | timeago}} • Announcement

In 1Q17, $CMG saw a 28.1% jump in revenue to $1.07Bil, with comparable restaurant sales soaring 17.8% and restaurant-level operating margin rising to 17.7% from 6.8%. Net income was $46.1MM, improved from last year's net loss of $26.4MM. Diluted EPS was $1.60 vs. diluted net loss per share of $0.88, helped by 57 new restaurants this quarter.

Recent Transcripts

SONC (Sonic Corp.)
Thursday, January 4 2018 - 10:00pm
LNDC (Landec Corp.)
Thursday, January 4 2018 - 4:00pm
DRI (Darden Restaurants, Inc.)
Tuesday, December 19 2017 - 1:30pm
ARMK (Aramark)
Tuesday, November 14 2017 - 3:00pm
ZOES (Zoe's Kitchen, Inc.)
Thursday, November 9 2017 - 9:30pm
DIN (DineEquity, Inc.)
Thursday, November 9 2017 - 4:00pm
ARCO (Arcos Dorados Holdings, Inc.)
Wednesday, November 8 2017 - 3:00pm
WEN (The Wendy's Company)
Wednesday, November 8 2017 - 2:00pm
RRGB (Red Robin Gourmet Burgers Inc.)
Monday, November 6 2017 - 10:00pm
GSAT (Globalstar Inc.)
Thursday, November 2 2017 - 9:00pm
SBUX (Starbucks Corporation)
Thursday, November 2 2017 - 9:00pm
XPO (XPO Logistics, Inc.)
Thursday, November 2 2017 - 12:30pm
YUM (Yum! Brands, Inc.)
Thursday, November 2 2017 - 12:15pm
BOJA (Bojangles', Inc.)
Wednesday, November 1 2017 - 9:00pm
DENN (Denny's Corporation)
Wednesday, November 1 2017 - 8:30pm
YELP (Yelp Inc.)
Wednesday, November 1 2017 - 8:30pm
FSP (Franklin Street Properties Corp.)
Wednesday, November 1 2017 - 2:00pm
EAT (Brinker International, Inc.)
Wednesday, November 1 2017 - 2:00pm
IRT (Independence Realty Trust, Inc.)
Tuesday, October 31 2017 - 1:30pm
XOXO (XO Group Inc.)
Tuesday, October 31 2017 - 12:00pm

AlphaGraphics you may like