Chipotle set to report third quarter earnings, looks to reverse sales slide with stock down 30% this year
Chipotle (CMG) is set to report third quarter results after the market close on Wednesday as it looks to end a run of sales declines and stabilize the story for investors with the stock down over 30% so far this year. The company is expected to report adjusted earnings per share of 3.02 billion in the quarter, according to data from Bloomberg. This would mark a roughly 7% rise in adjusted EPS and an 8.6% rise in revenue over the prior year. Same-store sales are expected to see a slig ...