Fast-casual restaurant chain operator Chipotle Mexican Grill, Inc. (NYSE: CMG) recently posted mixed results for the second quarter ended June 30, 2022. Revenues increased from the year-ago quarter but failed to surpass the street expectations. However, the bottom line numbers surpassed the consensus estimate of $9.04. Following the results, shares of the company rocketed 9% to close at $1,435 in yesterday’s extended trade. Revenue and Earnings Soar Chipotle reported total revenues of $2.21 billion in the quarter. This signifies a growth of 17% from the previous year. The overall growth in revenues can be primarily attributed to the 10.1% and 35.
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Chipotle Mexican Grill (NYSE:CMG)
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