Chipotle Mexican Grill Inc (FRA:C9F)
€ 52.13 -1.05 (-1.97%) Market Cap: 70.40 Bil Enterprise Value: 73.27 Bil PE Ratio: 52.50 PB Ratio: 21.28 GF Score: 94/100

Q4 2019 Chipotle Mexican Grill Inc Earnings Call Transcript

Feb 04, 2020 / 09:30PM GMT
Release Date Price: €15.98 (+1.77%)
Operator

Good afternoon and welcome to the Chipotle Mexican Grill Fourth Quarter and Fiscal Year-End 2019 Results Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Ashish Kohli, Head of Investor Relations. Please go ahead.

Ashish Kohli
Chipotle Mexican Grill, Inc. - Head of IR

Hello, everyone, and welcome to our fourth quarter and fiscal year-end 2019 earnings call. By now, you should have access to our earnings press release. If not, it may be found on our Investor Relations website at ir.chipotle.com.

I will begin by reminding you that certain statements and projections made in this presentation about our future business and financial results constitute forward-looking statements, including projections about comparable restaurant sales growth, new store openings, our effective tax rate and expected G&A expenses. These statements are based on management's current business and market expectations, and our actual results could differ materially from those projected

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