Chipotle Stock Rips Higher After Q2 Earnings — Here's Why - Chipotle Mexican Grill (NYSE:CMG)

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Chipotle Q2 Details Chipotle Mexican Grill reported quarterly earnings of 33 cents per share, which beat the analyst consensus estimate of 32 cents, according to Benzinga Pro data.Quarterly revenue came in at $3.35 billion, which beat the analyst consensus estimate of $3.33 billion and was up from $3.06 billion in the same period last year.Chipotle reported the following second-quarter highlights (year-over-year):

Comparable restaurant sales increased 2.2%

Operating margin was 15.7%, a decrease from 18.2%