Chipotle Q1 revenue up 17.2% to $2.4B; EPS $10.50 (+84.2%)

CHIPOTLE MEXICAN GRILL INC

2023-Q1 EPS reported $10.50 revenue$2,368,580,000

Revenue $2.4B (+17.2% YoY); comparable restaurant sales +10.9%.
Operating margin 15.5% (up from 9.4%); restaurant-level margin 25.6% (+490 bps).
Diluted EPS $10.50, up 84.2% from $5.70; no adjustments.
Opened 41 new restaurants (34 with Chipotlane); digital sales 39.3% of revenue.
Food costs improved 180 bps to 29.2% of revenue; in-restaurant sales +22.9%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CHIPOTLE MEXICAN GRILL INC reported first quarter ended March 31, 2023 results: revenue $2.4 billion, EPS $10.50.

Period: first quarter ended March 31, 2023
Revenue: $2.4 billion
EPS: $10.50
Result: reported results

Exact text from the filing

Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31 , 202 3 . First quarter highlights, year over year: · Total revenue increased 17.2% to $2.4 billion · Comparable restaurant sales increased 10.9% · In-restaurant sales increased 22. 9 %, while digital sales represented 3 9 . 3 % of food and beverage revenue · Operating margin

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Source: SEC EDGAR

accession 0001058090-23-000015

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