Chipotle reports Q4 adjusted EPS 25c, consensus 25c

Reports Q4 revenue $2.8B, consensus $2.85B. Comparable restaurant sales increased 5.4%. “Chipotle (CMG) had another outstanding year, delivering strong transaction driven comps each quarter, expanding margins, adding over 300 new restaurants, gaining momentum in key industry leading brand metrics, making progress on many restaurant operating initiatives and building our footprint internationally,” said Scott Boatwright, CEO, Chipotle. “I want to make sure that as we continue to scale Chipotle, everything we do is in service of our guests or those who serve our guests which will enable us to achieve our long-term ambitious goals of reaching 7,000 restaurants in North America, growing our AUVs beyond $4 million, expanding margins and making progress toward becoming a global iconic brand.”