Late Thursday, shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) took a hard hit after the company posted lower than estimated revenue in the latest quarter as well as same-store sales growth was disappointing.
Chipotle Mexican Grill, Inc. (NYSE:CMG) stock dropped 12.34% to $354.01 in after hour trading after the company posted a second quarter profit of $81.7 million, or $2.56 a share, as compared to $50.7 million, or $1.59 a share, in the same period a year earlier. Revenue grew 21% to $690.9 million for the quarter. Analysts expected the company to report earnings of $2.30 a share on revenue of $707 million.
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Yahoo! Inc. (NASDAQ:YHOO) shares gained 0.60% to $15.82 in after hour trading after the company showed investors yesterday how it was able to lure former Google Inc. vice president Marissa Mayer with a hefty pay package that exceeds a number of the company’s long list of past CEOs, with the possible exception of Terry Semel.
In a regulatory filing, the company disclosed that it is paying Mayer a package that could be worth up to $100 million over the next five years. That includes a base salary of $1 million a year, with a possible annual bonus of $2 million to $4 million this year, if she meets certain targets.
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Builders FirstSource, Inc. (NASDAQ:BLDR) reported a second-quarter net loss of $12.1 million, or $0.13 per share, as compared to $15.5 million, or $0.16 per share, in the comparable quarter last quarter. Adjusted loss from continuing operations per share narrowed to $0.07 from $0.08 last year. Sales for the period were $271.9 million, as compared to $206.4 million last year, an increase of $65.5 million, or 31.7%.
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NCR Corporation (NYSE:NCR) stock fell 0.57% to $24.30 late Thursday after the company reported second-quarter net income of $80 million or $0.49 per share, as against $33 million or $0.21 per share in the comparable quarter last year. Excluding items, non-GAAP net income from continuing operations for the quarter was $0.65 per share, compared to $0.52 per share in the same period last year. Total revenue rose 11% to $1.4 billion from $1.3 billion a year ago. Analysts expected the company to earn $0.58 per share on revenues of $1.47 billion for the quarter.