On February 6, 2024, a Chipotle restaurant was located in Manhattan, New York City.
Spencer Platt | Getty image
Chipotle Mexico grill It was said on Tuesday that the traffic of its restaurants continued to rise, which helped the company’s highest analyst’s estimation of quarterly income.
However, the Mexican Bakery Chain was disappointed with the predictions of the same store sales in 2025. The company’s stocks fell more than 3 % in extended transactions.
According to LSEG’s survey of analysts, the company reports the content reported by the company:
- Earlier earnings: adjustment 25 cents, expected 24 cents
- Income: US $ 2.85 billion, satisfying expectations
Chipotle reports that the net income in the fourth quarter was US $ 31.8 million, that is, 24 cents per share, which was higher than $ 282.1 million a year ago or 20 cents per share.
In addition to restaurant damage costs, legal costs and other items, Chipotle earns 25 cents per share.
Net sales rose 13.1 % to US $ 2.85 billion.
The company’s sales of the same store increased by 5.4 %, and the narrow -sized street estimation was estimated to be 5.7 %.
The transaction rose 4 % in this quarter, and the traffic rate of the Mexican biscuits chain was higher. Last year, Chipotle had surpassed a wider restaurant industry. The industry’s transportation was low because many consumers chose cooking meals to save money.
In September, Chipotle brought back the smoky cattle S. Compared with other protein options, the company charges more for a limited time menu item.
The company opened 120 restaurants this quarter, including an international license location. After 30 years of focusing on US business, Chipotle tries to expand internationally. For example, it entered Kuwait last year, the first new country in ten years.
In 2025, Chipotle predicts that the same store sales growth of the same store in the middle number. According to the estimation of Streetaccount, Wall Street is expected to increase by 5.4 % throughout the year.
The company is also expected to open in 315 to 345 new places, of which more than 80 % of them will have “Chipotlane”.
