Chipotle Q2 revenue $2.5B (+13.6%), adj EPS $12.65 (+36%), authorizes $100M buyback

CHIPOTLE MEXICAN GRILL INC

2023-Q2 EPS reported $22.81 revenue$4,883,381,000

Comparable restaurant sales increased 7.4% YoY; digital sales were 38.0% of food and beverage revenue.
Restaurant-level operating margin expanded 230 bps to 27.5%; operating margin 17.2% vs 15.3%.
Opened 47 new restaurants (40 with Chipotlane) during the quarter.
Board authorized $100M common stock repurchase, in addition to prior authorizations.

item 2.02 item 8.01 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 fiscal quarter ended June 30, 2023 results: revenue $2.5 billion, EPS $12.32.

Period: fiscal quarter ended June 30, 2023
Revenue: $2.5 billion
EPS: $12.32
Result: reported results

Exact text from the filing

(NYSE: CMG) today reported financial results for its second quarter ended June 3 0 , 202 3 . Second quarter highlights, year over year: · Total revenue increased 1 3 . 6 % to $ 2.5 billion · Comparable restaurant sales increased 7.4 % · I n-restaurant sales increased 15 . 8 %, while digital sales represented 3 8 . 0 % of food and beverage revenue · Operating margin

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Source: SEC EDGAR

accession 0001058090-23-000026

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