Chipotle stock falls after topping Wall Street earnings expectations

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Chipotle Meixcan Grill Inc. shares fell less than 1% in the extended session Wednesday after the company topped Wall Street estimates. The company reported...

Chipotle Meixcan Grill Inc. CMG, +1.04% shares fell less than 1% in the extended session Wednesday after the company topped Wall Street estimates. The company reported first-quarter net income of $88.1 million, or $3.13 a share, compared with $59.5 million, or $2.13 a share, in the year-ago period. Adjusted for items such as restructuring and impairment charges, among other items, earnings were $3.40 a share. Revenue rose to $1.31 billion from $1.15 billion in the year-ago period.

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