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Chipotle 4Q Earnings Miss Estimates

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  • Description

    Earnings HQ: FBN’s Adam Shapiro breaks down CMG’s fourth-quarter earnings report.

  • Duration 0:47
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That's coming up a little later in the out all right -- -- -- out Adam Shapiro how -- down.

And well the street's gonna have to interpret this one earnings per share to miss -- minute dollar and 95 cents street was expecting a dollar 96 -- -- revenue was -- -- revenue came in at 699 point two million street was expecting 698.

Point 89 million here's one of the things they're saying in the report that they see that the they sees sales being flat.

Too low single digit same store restaurant sales and -- excluding additional menu price increases this year remember last quarter they talked about the need to raise prices but they're excluding that as they go forward into 2013.

I also see an additional hundred million dollars to repurchase shares of the share buyback is in there as well.

Yeah a lot of people were looking for that to see if they would follow through on it let's go to.

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