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Chipotle Mexican Grill Inc (CMG)

CMG on New York Consolidated

315.90USD
8 Dec 2017
Change (% chg)

$2.25 (+0.72%)
Prev Close
$313.65
Open
$313.43
Day's High
$319.60
Day's Low
$311.50
Volume
1,870,347
Avg. Vol
1,354,684
52-wk High
$499.00
52-wk Low
$263.00

Latest Key Developments (Source: Significant Developments)

Bill Ackman Says He Supports Steve Ells' Decision To Step Down As Chipotle CEO
Wednesday, 29 Nov 2017 09:22am EST 

Nov 29 (Reuters) - :BILL ACKMAN SAYS HE SUPPORTS STEVE ELLS' DECISION TO STEP DOWN AS CHIPOTLE CEO.BILL ACKMAN SAYS "WE REMAIN AS EXCITED AS EVER ABOUT THE FUTURE" OF CO.  Full Article

Chipotle Begins Search For New CEO
Wednesday, 29 Nov 2017 08:00am EST 

Nov 29 (Reuters) - Chipotle Mexican Grill Inc ::CHIPOTLE BEGINS SEARCH FOR NEW CEO.CHIPOTLE BEGINS SEARCH FOR NEW CEO.CHIPOTLE MEXICAN GRILL INC - ‍BOARD HAS RETAINED SERVICES OF LEADING EXECUTIVE RECRUITMENT FIRM SPENCER STUART TO ASSIST IN SEARCH FOR A NEW CEO​.CHIPOTLE MEXICAN GRILL - BOARD FORMED SEARCH COMMITTEE COMPRISED OF DIRECTORS ROBIN HICKENLOOPER & ALI NAMVAR, AND STEVE ELLS, TO IDENTIFY NEW LEADER.CHIPOTLE MEXICAN GRILL INC - ‍CURRENT CHAIRMAN, CEO AND FOUNDER STEVE ELLS TO BECOME EXECUTIVE CHAIRMAN​.  Full Article

Chipotle Mexican Grill says ‍announced a new mobile app that is available for download
Monday, 6 Nov 2017 10:07am EST 

Nov 6 (Reuters) - Chipotle Mexican Grill Inc :Announced a new mobile app that is available for download on Apple and android devices​.  Full Article

Chipotle ‍board announces repurchase of common stock
Tuesday, 24 Oct 2017 05:47pm EDT 

Oct 24 (Reuters) - Chipotle Mexican Grill Inc :Chipotle - ‍board announced authorized repurchases of common stock with total purchase price of $100 million, exclusive of commissions - sec filing.Chipotle - new ‍repurchase authorization is in addition to previously-announced repurchase authorizations totaling $2.3 billion​.  Full Article

Chipotle reports Q3 earnings per share $0.69
Tuesday, 24 Oct 2017 04:05pm EDT 

Oct 25 (Reuters) - Chipotle Mexican Grill Inc :Chipotle third quarter diluted EPS increased 155 pct on 8.8 pct revenue growth.Q3 earnings per share $0.69.Q3 earnings per share view $1.63 -- Thomson Reuters I/B/E/S.Chipotle Mexican Grill Inc qtrly ‍revenue increased 8.8 pct to $1.13 billion​.Chipotle Mexican Grill Inc - ‍qtrly comparable restaurant sales increased 1.0 percent​.Chipotle Mexican Grill Inc - ‍for full year 2017, management expects comparable restaurant sales increases of about 6.5 pct​.Chipotle Mexican Grill Inc qtrly ‍food costs were 35.0 pct of revenue, a decrease of 10 basis points as compared to Q3 of 2016​.Chipotle Mexican Grill Inc - ‍qtrly restaurant level operating margin increased to 16.1 pct from 14.1 pct​.Chipotle Mexican Grill Inc - ‍for fy 2017, management expects new restaurant openings slightly below low end of previously-disclosed range of 195 to 210​.Chipotle Mexican Grill Inc - ‍for 2018, management expects 130 to 150 new restaurant openings​.Chipotle Mexican Grill Inc - qtrly EPS included ‍$0.64 impact from estimated charges recorded related to data security incident​.Chipotle Mexican Grill Inc - qtrly EPS also included ‍approximately $0.13 of impacts from Hurricanes Harvey and Irma​.  Full Article

Chipotle Mexican Grill says gets follow-up subpoena related to illness incidents - SEC filing
Wednesday, 26 Jul 2017 06:15am EDT 

July 26 (Reuters) - Chipotle Mexican Grill Inc :Chipotle Mexican Grill - received a follow-up subpoena on July 19, requesting information.Chipotle Mexican Grill says follow-up subpoena sought information related to illness incidents associated with a single Chipotle restaurant in Sterling, Virginia.Chipotle Mexican Grill says it intends to continue to fully cooperate in the investigation.Chipotle - sales trends in H2 of July 2017 have been adversely impacted by news regarding norovirus incident in co's restaurant in sterling, virginia‍​.  Full Article

Chipotle posts Q2 earnings per share $2.32
Tuesday, 25 Jul 2017 04:05pm EDT 

July 25 (Reuters) - Chipotle Mexican Grill Inc :Chipotle second quarter diluted EPS increased 167 pct on comparable restaurant sales increase of 8.1 pct and revenue growth of 17.1 pct.Q2 earnings per share $2.32.Q2 earnings per share view $2.18 -- Thomson Reuters I/B/E/S.Qtrly revenue increased 17.1 pct to $1.17 billion.Chipotle Mexican - ‍completion of a forensic investigation into previously-disclosed payment card security incident involving Chipotle restaurants​.Qtrly comparable restaurant sales increased 8.1 pct.Qtrly food costs were 34.1 pct of revenue, a decrease of 10 basis points as compared to Q2 of 2016.Chipotle Mexican Grill Inc sees ‍2017 comparable restaurant sales increases in high single digits​.Qtrly restaurant level operating margin increased to 18.8% from 15.5 pct.Chipotle Mexican Grill Inc sees ‍195 - 210 new restaurant openings for 2017​.Q2 revenue view $1.19 billion -- Thomson Reuters I/B/E/S.Chipotle - ‍updated findings from investigation confirmed original time frames for security incident listed for almost 99 pct of restaurants.Chipotle - ‍for 1.2 pct of restaurants affected by security incident, time frames slightly broadened from initial listing, still within March 24 to April 18.Chipotle Mexican Grill Inc - ‍two additional restaurants have been added to list of restaurants affected by security incident in Canada​.  Full Article

Chipotle continue to expect food costs to be about 34.2pct of sales for Q2
Monday, 19 Jun 2017 04:14pm EDT 

June 19 (Reuters) - Chipotle Mexican Grill Inc : :Chipotle - for Q2, continue to expect food costs to be about 34.2pct of sales, marketing & promotion costs to be up about 20 to 30 basis points versus q1.Chipotle Mexican Grill Inc says for the full year, continue to expect comparable restaurant sales increases in the high single digits .Chipotle Mexican Grill - "expect other operating costs as a percentage of sales for Q2 to be at or slightly higher than reported for Q1".Chipotle Mexican Grill Inc - for full year, continue to expect 195-210 new restaurant openings, an estimated effective tax rate of approximately 39.0pct.  Full Article

Chipotle reports findings from investigation of payment card security incident
Friday, 26 May 2017 02:00pm EDT 

May 26 (Reuters) - Chipotle Mexican Grill Inc ::Chipotle Mexican Grill reports findings from investigation of payment card security incident.Says in addition, Chipotle continues to support law enforcement's investigation and is working with payment card networks.‍during investigation, Chipotle removed malware and continues to work with cyber security firms to evaluate ways to enhance its security measures​.Says "during investigation, removed malware and continues to work with cyber security firms to evaluate ways to enhance its security measures".The malware searched for track data read from magnetic stripe of a payment card as it was being routed through POS device.Identified operation of malware designed to access payment card data from cards used on POS devices at some restaurants between March 24 and April 18.Not all locations were involved, and specific time frames vary by location for payment card security incident.Working with payment card networks so that banks that issue payment cards can be made aware and initiate heightened monitoring.There is no indication that other customer information was affected.Customers that used payment card at affected location should remain "vigilant" to possibility of fraud by reviewing card statements for unauthorized activity​.  Full Article

Chipotle names Scott Boatwright chief restaurant officer
Thursday, 11 May 2017 11:00am EDT 

May 11 (Reuters) - Chipotle Mexican Grill Inc ::Chipotle names Scott Boatwright chief restaurant officer.Boatwright comes to Chipotle from Arby's Restaurant Group.  Full Article

BRIEF-Chipotle Says Upon Appointment As Executive Chairman, Steve Ells To Have Annualized Base Salary For Fiscal 2018 Of $900,000

* CHIPOTLE SAYS UPON APPOINTMENT AS EXECUTIVE CHAIRMAN, STEVE ELLS TO HAVE ANNUALIZED BASE SALARY FOR FISCAL 2018 OF $900,000 - SEC FILING Source text: [http://bit.ly/2BBGguB] Further company coverage: