Las Vegas Sands’ main growth drivers include more efficient and affordable transportation infrastructure, a greater number of hotel rooms in Macao, and a rapidly expanding middle-class with growing disposable income.
Las Vegas Sands Corp.’s (LVS) retail malls segment continued to reflect strong revenue growth in Q3 2014. Operating profit derived from these retail mall assets increased 19.6% year-over-year, to $131.9 million.
RevPAR is the most important of all the performance metrics used in the hotel industry. It captures both room rates and occupancy levels, giving information about how well a company fills its rooms, and how much it’s able to charge.
Tables contribute only 6% to the total number of slot machines and tables combined in the U.S. Clearly, table games are more popular in Asia than in the U.S.
Revenues were positively impacted by strong performance in the casino segment. Operating income was positively driven by stronger operating results across Las Vegas Sands’ Macao properties.
As of October 21, 2014, Chipotle Mexican Grill’s (CMG) year-to-date (or YTD) returns were~16.3%—compared to an average return of 8.3% on the S&P 500 Index.
CMG reported its earnings on October 20 after the market closed. On October 21, shares began trading at $624.95. This was 4.3% less than the previous day’s closing of $653.03.
Management lowered the same-store sales growth for the full year in 2015 to “low to mid-single digits.” It believes that the same-store sales will start to decline in the second quarter.
Net income for Chipotle Mexican Grill (CMG) grew by 56.9% to $130.8 million year-over-year (or YoY). It was $83.4 million in the same quarter last year.
Since CMG owns all of its restaurants, the G&A costs are spread over all of its units. As a percentage of sales, the G&A costs accounted for 6.6%.
Chipotle Mexican Grill (CMG) reported $230 million in labor costs, $59 million in occupancy costs, and $111 million in other operating costs in 3Q14.
CMG reported $372 million in food costs in 3Q14. Food costs accounted for 34.3% of the revenue. It was an increase of 70 basis points year-over-year (or YoY).
ShopHouse serves southeast Asian cuisine. It uses the same format as Chipotle Mexican Grill (CMG). Customers will see a resemblance in the assembly line style.
Chipotle’s management seems to understand want customers want. They’ve executed awareness campaigns. The campaigns highlight CMG’s organic and fresh ingredients.
Chipotle Mexican Grill (CMG) operates over 98% of its restaurants in the U.S. market. It reported a solid 19.8% growth in same-store sales—compared to fast food restaurants.
As of the third quarter ending September 30, the company reported a revenue growth of 31%. It was $1,084 million—compared to $827 million in the same quarter last year.
At the end of 3Q14, Chipotle Mexican Grill (CMG) added 43 new units. This took the total number of restaurants to 1,724. More than 98% of Chipotle’s restaurants are in the U.S.
In the restaurant industry, revenues are mainly driven by same-store sales and unit growth. Same-store sales are the sales at existing restaurant locations.
Chipotle Mexican Grill’s (CMG) third quarter earnings were released on October 21, 2014. It reported an adjusted EPS of $4.15. It increased by 56%.
ROE represents the percentage of income generated from shareholders’ equity, and it’s calculated as net income divided by shareholders’ equity.