Earnings Recap – February 8th 💰

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Earnings Recap – February 8th

Chipotle Mexican Grill

Chipotle Mexican Grill reported Q4 earnings on Tuesday. The American restaurant chain reported adjusted earnings of $5.58 per share, beating analysts’ expectations of $5.25 per share. Revenue grew 22% from last year to $2 billion, beating analysts’ expectations of $1.6 billion. The company also opened 78 restaurants in the fourth quarter.

Coty

Coty reported Q4 earnings on Tuesday. The American beauty company reported adjusted earnings of $0.17 per share, beating analysts’ expectations of $0.11 per share. Revenue grew 11.5% from last year to $1.58 billion vs analysts’ expectations of $1.60 billion. For the full fiscal year of 2022, the company expects earnings between $0.22 per share and $0.26 per share.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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