Chipotle Mexican Grill Inc (NYSE:CMG) reported upbeat financial results for the fourth quarter Tuesday after the bell.
Chipotle reported revenue of $2.98 billion for the fourth quarter, beating analyst estimates of $2.96 billion. The fast-casual restaurant chain company reported fourth-quarter adjusted earnings of 25 cents per share, beating estimates of 24 cents per share, according to Benzinga Pro.
“Against a dynamic consumer backdrop, we opened a record number of restaurants globally and grew Q4 and full year revenue,” said Scott Boatwright, CEO of Chipotle. “This momentum will fuel our next phase of growth, driven by our ‘Recipe for Growth’ strategy, which …