收新利18号|新利18lcuk

External Partners Alumni Search Submit Return to home Search Search About About Olin Home Why Olin Equity, Diversity & Inclusion Leadership & Strategy News & Media Events Contact Us Programs Programs Home Explore Our Programs BS in Business Administration MBAs Specialized Master's Doctoral Executive Education Dual Degrees Faculty & Research Faculty & Research Home Faculty Directory Research Research Centers Olin Brookings Commission Olin Award Student Resources Student Resources Home Career Services Center for Experiential Learning Entrepreneurship Academic Calendars Student Organizations For Current Students For Military Veterans Admissions Admissions Home Scholarships & Aid Attend Program Events Visit Olin Ask a Student Student Profiles Request Information Refer a Candidate External Partners Alumni Can Chipotle bounce back from bad news? July 26, 2017 By WashU Olin Business School 2 minute read Home News Can Chipotle bounce back from bad news? Chipotle posted a second-quarter earnings figure that was apparently more than enough for investors to overcome any negative sentiment. &＃8212;Todd Milbourn, Vice Dean and the Hubert C. & Dorothy R. Moog Professor of Finance at WashU Olin Investors and analysts were surprised when Chipotle posted a 167 percent jump in earnings for the second quarter on July 25. The fast food burrito chain has been battling bad press and consumer fears after a several outbreaks of food-related illness linked to its franchises. According to&＃160;Chipotle&＃8217;s corporate news release, second quarter diluted earnings per share increased 167%&＃160; ($2.32 per share), restaurant sales increased 8.1% and revenue growth jumped 17.1% compared to the same period last year. Revenue for the quarter was $1.17 billion, driven by new restaurant openings, according to the company. U.S. News & World Report&＃160;asked Todd Milbourn, Vice Dean and the Hubert C. & Dorothy R. Moog Professor of Finance at Olin, to comment on the beleaguered&＃160;company&＃8217;s unexpected earnings rebound: Todd Milbourn. &＃169;Photo by Jerry Naunheim Jr. &＃8220;Chipotle posted a second-quarter earnings figure that was apparently more than enough for investors to overcome any negative sentiment,&＃8221; related to the outbreak, said Milbourn. U.S. News & World Report&＃160;claimed Wall Street analysts were expecting EPS of $2.18 on revenue of $1.19 billion. Chipotle reported that comparable restaurant sales improved primarily due to an increase in customer visits, along with an increase in average check as a result of a reduction in promotional activity. The company opened 50 new restaurants during the quarter, and closed two restaurants, bringing the total restaurant count to 2,339. Link to U.S. News article About the Author WashU Olin Business School Firmly established at the Gateway to the West, Olin Business School at Washington University in St. Louis stands as the gateway to something far grander in scale. The education we deliver prepares our students to thoughtfully make difficult decisions—the kind that can change the world. Contact Us For assistance in finding faculty experts, please contact Washington University Public Affairs. Monday&＃8211;Friday, 8:30 to 5 p.m. Sara Savat, Senior News Director, Business and Social [email protected] &＃160; Kurt Greenbaum,Communications [email protected] Twitter: WUSTLnews Share article Apply Now Visit Us Request Info One Brookings Drive, St. Louis, MO 63130-4899 [email protected] 314-935-7301 News & Media Events Faculty Directory WashU Center for Career Engagement Washington University home Olin Links Sitemap Privacy Policies Title IX Accessibility ©2024 Washington University in St. Louis