Chipotle To End Fiscal Year 2018 On High Growth

 

Great Speculations, Trefis Team, Forbes

Feb 5, 2019 

 

Chipotle Mexican Grill (NYSE: CMG) has had an upbeat year in the first 3 quarters and is expected to post strong quarter 4 results for the Fiscal year 2018 on February 6, 2019 after the market closes. The investor call will take place at 4:30pm EST. In the first 3 quarters the company has done well on comparable sales improvement, net new stores opening, and margin expansion. We expect the trends to continue in the 4th quarter too. Chipotle continues to expect comparable sales to grow in the low-to-mid-single digits, and expects to open restaurants at around 130 locations this year. Looking ahead to 2019, Chipotle expects 140 to 155 new restaurant openings.

 

We have estimated CMG’s price to be $468. The charts have been made using our new, interactive platform. The various driver assumptions can be modified by clicking here for our interactive dashboard on Our Outlook For Chipotle in FY 2018, to gauge their impact on the earnings and price per share metric.

 

Factors That May Impact Future Performance

 

1.    CEO Change ...

 

2.    Accelerating Digital Sales ... 

 

3.    Adding Catering and Delivery .., 

 

4.    New Restaurant Openings ...

 

5.    New Menu Items ...

 

more, including links, chart  

https://www.forbes.com/sites/greatspeculations/2019/02/05/chipotle-to-end-fiscal-year-2018-on-high-growth/