Chipotle Q1 revenue up 16% to $2.0B, comp sales +9%, EPS $5.59, $300M buyback authorized

CHIPOTLE MEXICAN GRILL INC

2022-Q1 EPS reported $5.59 revenue$2,020,539,000

Q1 total revenue $2.0B (+16% YoY); comparable restaurant sales +9.0%.
Diluted EPS $5.59 vs $4.45; adjusted EPS $5.70 vs $5.36 (+6.3% YoY).
Restaurant-level operating margin 20.7%, down 160 bps from 22.3%.
Opened 51 new restaurants (42 with Chipotlane); digital sales 41.9% of revenue.
Board authorized $300M stock repurchase program in addition to prior authorizations.

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