chipotle mexican grill inc
(CMG:New York Consolidated)
chipotle mexican grill inc (CMG) Snapshot
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Open
$371.92
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Previous Close
$372.08
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Day High
$375.50
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Day Low
$371.92
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52 Week High
06/20/12 - $419.69
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52 Week Low
10/23/12 - $233.82
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Market Cap
11.6B
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Average Volume 10 Days
509.3K
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EPS TTM
$9.24
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Shares Outstanding
30.9M
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EX-Date
--
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P/E TM
40.6x
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Dividend
--
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Dividend Yield
--
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chipotle mexican grill inc (CMG) Latest News
chipotle mexican grill inc (CMG) Related Businessweek News
chipotle mexican grill inc (CMG) Details
Chipotle Mexican Grill, Inc. develops and operates fast casual and fresh Mexican food restaurants. Its restaurants primarily offer burritos, tacos, burrito bowls, and salads. As of April 18, 2013, the company operated 1,458 restaurants. Chipotle Mexican Grill, Inc. was founded in 1993 and is based in Denver, Colorado.
chipotle mexican grill inc (CMG) Top Compensated Officers
chipotle mexican grill inc (CMG) Key Developments
Chipotle Mexican Grill, Inc. announced that it is adding premium Patrón margaritas to the menu in its U.S. restaurants. The new margarita is hand-made for each customer using Patrón Silver tequila, triple sec, a blend of fresh lime and lemon juices, and organic agave nectar. The Patrón margarita will be available in about 900 Chipotle restaurants beginning April 29, 2013. Served on the rocks with a wedge of lime, the premium Patrón margarita is a simple recipe using only a few ingredients, and will be offered to customers alongside another margarita option made with Sauza tequila. The Sauza margarita will be available as a house option at a lower price, but will be made using the same recipe as the Patrón version.
Chipotle Mexican Grill, Inc. announced unaudited consolidated earnings results for its first quarter ended March 31, 2013. Revenue for the quarter was $726.8 million, up 13.4% from $640.6 million reported in the prior year period. The growth in revenue was the result of new restaurants not in the comparable base and a 1.0% increase in comparable restaurant sales. Net income for the first quarter of 2013 was $76.6 million, or $2.45 per diluted share, compared to $62.7 million, or $1.97 per diluted share, in the first quarter of 2012. Income from operations was $120.0 million against $102.2 million and income before income taxes was $120.3 million against $102.7 million reported last year. In the year 2013, the company expects opening of 165 to 180 new restaurants. Of those openings, the company expects about 30 restaurants will be 'A Model' locations, those being restaurants which typically have a slightly smaller footprint and lower development occupancy and operating costs. For the year 2013, the company expects an effective full year tax rate of approximately 38.5% (36.3% in the first quarter, and approximately 39.1% for the remainder of 2013).
Chipotle Mexican Grill, Inc. is to propose a resolution to amend the certificate of incorporation to eliminate the classification of the Board of Directors and provide for annual elections of all directors, to the shareholders at the AGM to be held on May 17, 2013.
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Industry Analysis
CMG
Industry Average
| Valuation | CMG | Industry Range |
| Price/Earnings | 40.3x |
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| Price/Sales | 4.1x |
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| Price/Book | 8.9x |
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| Price/Cash Flow | 30.4x |
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| TEV/Sales | 3.9x |
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Post a JobJobs
- Overland Park, KS | Chipotle Mexican GrillPosted: May 15
- Chicago, IL | ChipotlePosted: Apr 20
- Denver, CO | Chipotle Mexican GrillPosted: May 18
- Fort Worth, TX | Chipotle Mexican GrillPosted: May 16
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To contact CHIPOTLE MEXICAN GRILL INC, please visit www.chipotle.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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