Chipotle Q4 revenue up 15.4% to $2.5B, EPS $10.21; authorizes $200M stock buyback

CHIPOTLE MEXICAN GRILL INC

2023-FY EPS reported $44.34 revenue$9,871,649,000

Q4 comparable restaurant sales +8.4%; full year +7.9%, driven by throughput and menu innovation.
Operating margin 14.4% (Q4) and 15.8% (FY); restaurant-level margin 25.4% and 26.2%.
Diluted EPS $10.21 (+27.3% YoY); adjusted EPS $10.36; full year EPS $44.34 (+38.4%).
Board authorized $200M stock repurchase program, in addition to prior authorizations.
Opened 121 new restaurants in Q4 (110 with Chipotlane); full year 271 new openings.

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 0.95

CHIPOTLE MEXICAN GRILL INC reported fourth quarter and fiscal year ended December 31, 2023 results: revenue $2.5 billion, EPS $10.21.

Period: fourth quarter and fiscal year ended December 31, 2023
Revenue: $2.5 billion
EPS: $10.21
Result: reported results

Exact text from the filing

today reported financial results for its fourth quarter and fiscal year ended December 31, 202 3 . Fourth quarter highlights, year over year: · Total r evenue increased 15.4% to $2.5 billion · Comparable restaurant sales increased 8.4% · Operating margin was 1 4.4 %, an increase from 13.6 % · Restaurant level operating margin was 25.4% 1 , an increase of 140 b asis

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Source: SEC EDGAR

accession 0001058090-24-000006

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