Chipotle Mexican Grill reported fourth-quarter earnings that beat Wall Street estimates, while revenue met forecasts reflecting a nearly 13% increase in net sales. The restaurant chain's transactions rose 4% in the quarter, outperforming the broader restaurant industry, where traffic has declined as more consumers cook at home. Sales have been volatile in early 2025, with executives attributing the fluctuations to weather impacts, including Los Angeles wildfires. CFO Adam Rymer noted that while transaction trends remain strong, the company expects low to mid-single-digit same-store sales growth due to tougher year-over-year comparisons.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Salt Lake Mexican Grill reported fourth-quarter earnings that beat Wall Street estimates,
00:06while revenue met forecasts reflecting a nearly 13 percent increase in net sales.
00:11The restaurant chain's transactions rose 4 percent in the quarter,
00:14outperforming the broader restaurant industry,
00:16where traffic has declined as some consumers cook at home.
00:20Sales have been volatile in the near-early 2025, with executives
00:24attributing the fluctuations to weather impacts, including Los Angeles wildfires.
00:28CFO Adam Reimer noted that while transaction trends remain strong,
00:32the company expects low to mid-single-digit same-store sales growth
00:36due to tougher year-over-year comparisons.
00:38For all things money, visit Benzinga.com slash GSTV.