Chipotle Mexican Grill (NYSE: CMG), an American chain of fast casual Mexican restaurants, announced its Q1 2019 results on April 24, 2019 followed by a conference call with analysts. The company reported revenue in line with consensus estimates at $1.3 billion in Q1 2019, which would be an increase of 13.9% on a year-on-year basis. The increase in revenue was driven by a 9.9% increase in comparable restaurant sales and new restaurant openings. The company reported earnings of $3.18 per share in Q1 2019, higher than the $2.13 per share in the year-ago period.
We have summarized our key expectations from the earnings announcement in our interactive dashboard – What Has Driven Chipotle’s Revenues & Expenses Over Recent Quarters, And What Can We Expect For Full-Year 2019? In addition, here is more Consumer Discretionary data.