{"id":37092,"date":"2015-10-23T07:52:06","date_gmt":"2015-10-23T11:52:06","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=37092"},"modified":"2015-10-23T07:55:40","modified_gmt":"2015-10-23T11:55:40","slug":"chipotle-mexican-grill-inc-nysecmg-announces-3q2015-financial-results","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/chipotle-mexican-grill-inc-nysecmg-announces-3q2015-financial-results-37092","title":{"rendered":"Chipotle Mexican Grill, Inc. (NYSE:CMG) Announces 3Q2015 Financial Results"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Chipotle Mexican Grill, Inc. (NYSE:CMG)<\/strong> traded in the range established in the previous day as it lost all gains and finally ended the last trading session with a loss of 2.26%. The volume of the day at 803,000 was slightly higher than the daily average of 659,000, offering no particular clue. As the weekly chart attached clearly shows, the weekly candle has been brought to a very bad shape by the bears. The weekly loss at this point has made it the largest weekly loss in the last 3 years and the Rising Wedge pattern strongly indicates a breakdown followed by much more decline.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/10\/CMG1.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-37093\" src=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/10\/CMG1.jpg\" alt=\"CMG\" width=\"635\" height=\"452\" srcset=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/10\/CMG1.jpg 635w, https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/10\/CMG1-300x214.jpg 300w, https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/10\/CMG1-77x55.jpg 77w\" sizes=\"(max-width: 635px) 100vw, 635px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">Chipotle Mexican Grill, Inc. (NYSE:CMG) announced the financial results for the 3Q2015 ending September 30, 2015. The biggest highlight of the result announcement was an increment in revenues. As per the <a href=\"http:\/\/www.otcmarkets.com\/stock\/CMG\/news\">reports<\/a>, total revenues for the quarter rose 12.2% and touched a whopping figure of $1.2 billion.<\/p>\n<p style=\"text-align: justify;\"><strong>Financial Figures For 3Q2015<\/strong><\/p>\n<p style=\"text-align: justify;\">The improved market conditions helped the company regarding revenue and profit figures. While the revenues increased 12.2%, the comparable restaurant sales for the same quarter increased by 2.6%. However, the operating margin of the company at restaurant level was recorded as 28.3%, down 50 basis points.<\/p>\n<p style=\"text-align: justify;\">Net income of Chipotle Mexican Grill for the quarter was $144.9 million, 10.8% higher than 3Q2014. With an increase of 10.6%, its diluted earnings were recorded as $4.59 per share. Chipotle Mexican not only performed well regarding financial performance but also market expansion. During the three-month period ended on September 30, 2015, it opened 53 new restaurants.<\/p>\n<p style=\"text-align: justify;\"><strong>Financial Figures For First Nine Months Ending September 30, 2015<\/strong><\/p>\n<p style=\"text-align: justify;\">Along with quarterly results, Chipotle also announced consolidated financial results for the nine months. At the end of first nine months of 2015, overall revenue of Chipotle increased 15.3% and touched $3.5 billion mark. Comparable restaurant sales also grew by 5.5% during the nine-month period.<\/p>\n<p style=\"text-align: justify;\">The operating margin for the quarter was 27.9%, 50 basis points up on YOY basis. Net income of Chipotle Mexican Grill increased by 25.8% to touch a whopping $407.7 million level. Diluted earnings increased 25.6% YOY and attained $12.92 level. When it comes to new properties, it opened 150 restaurants in the first nine months to enhance its market share in different geographies.<\/p>\n<p style=\"text-align: justify;\">The senior management of the company is delighted to present these astonishing figures and hope that things will continue to mold the way they were planned in the first place. According to Steve Ells, Founder, CEO and Co-Chairman of Chipotle, Mexican Grill, these financial figures demonstrate the change in people&#8217;s thinking regarding eat fast food concept. Chipotle will continue to try new ways to live up to customers&#8217; expectations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chipotle Mexican Grill, Inc. (NYSE:CMG) traded in the range established in the previous day as it lost all gains and finally ended the last trading [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":33350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[2936,3492,2937],"stock_ticker":[],"class_list":["post-37092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-chipotle-mexican-grill-inc-nysecmg","tag-chipotle-mexican-grill-inc","tag-nysecmg","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chipotle Mexican Grill, Inc. 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