earnings
confidence high
sentiment positive
materiality 0.80
Chipotle Q3 revenue $2.5B (+11.3%), EPS $11.32 (+23%), comps +5%; $300M buyback
CHIPOTLE MEXICAN GRILL INC
2023-Q3 EPS reported
$34.13
revenue$7,355,329,000
- Revenue $2.5B (+11.3% YoY); comparable sales +5.0% driven by transaction growth.
- Diluted EPS $11.32 (up 23%); adjusted EPS $11.36 (up 19.5% vs $9.51).
- Restaurant-level operating margin 26.3% (up 100 bps); operating margin 16.0% (up from 15.1%).
- Opened 62 new restaurants (54 with Chipotlane); digital sales 36.6% of revenue.
- Board authorized $300M additional share repurchase program.