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Chipotle Mexican Grill Inc. (NYSE: CMG) stock climbed nearly 15%, or $72, to a 52-week high of $663.43 Tuesday morning after it reported strong earnings after Monday's close.
The Denver-based company earned $3.50 per share in the second quarter, handily above the $3.09 per share analysts were expecting and up from $2.82 reported in the same quarter a year ago. Net income jumped 25.5% to $110.3 million, up from $87.9 million year over year (YOY). Revenue rose 28.6% to $1.05 billion.