For the fourth quarter ended Dec. 31, the company's net profitrose to $4.3 million, 16 cents per share on a diluted basis, from$3.7 million in the like quarter a year before, with revenuesclimbing 36% to $173.3 million.

For the year, net income totaled $37.7 million, which included aone-time tax benefit of $20.3 million from tax net operatinglosses. That compared to $6.1 million in 2004. The 2005 incomeworked out to $1.43 per share, or 66 cents excluding the one-timebenefit. Revenues increased 33.3% to $627.7 million and comparablerestaurant sales increased 10.2%, the eighth consecutive year ofdouble-digit comparable sales increases.

Fast-growing Chipotle opened 28 company-owned restaurants duringthe fourth quarter, including 26 restaurants in existing marketsand two in new markets. The chain opened 80 company-ownedrestaurants in 2005, representing a 20% increase from the end of2004.