---
schema_version: "secwatch.filing_event.v1"
accession: "0001058090-24-000012"
form_type: "8-K"
ticker: "CMG"
cik: "0001058090"
company_name: "CHIPOTLE MEXICAN GRILL INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:16:54.685552+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Chipotle Q1 revenue $2.7B (+14.1%), comps +7%, EPS $13.01 (+23.9%)

## Summary
- Diluted EPS of $13.01, up 23.9% YoY; adjusted EPS of $13.37, up 27.3%.
- Restaurant level operating margin 27.5%, up 190 bps from 25.6%.
- Opened 47 new restaurants, 43 with Chipotlane; digital sales 36.5% of revenue.
- Food costs decreased 40 bps to 28.8% of revenue, helped by October 2023 menu price increase.

## SEC filing metadata
- accession: 0001058090-24-000012
- form_type: 8-K
- ticker: CMG
- cik: 0001058090
- company_name: CHIPOTLE MEXICAN GRILL INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058090/000105809024000012/0001058090-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058090/000105809024000012/cmg-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058090-24-000012
- JSON: https://secwatch.observer/filing/0001058090-24-000012.json
- Plain text: https://secwatch.observer/filing/0001058090-24-000012.txt

## Key facts
- Earnings Releases
  CHIPOTLE MEXICAN GRILL INC reported first quarter ended March 31, 2024 results: revenue $2.7 billion, EPS $13.01.
  - Period: first quarter ended March 31, 2024
  - Revenue: $2.7 billion
  - EPS: $13.01
  - Result: reported results
  source text: Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2024. First quarter highlights, year over year: • Total revenue increased 14.1% to $2.7 billion • Comparable restaurant sales increased 7.0% • Operating margin was 16.3%, an increase from 15.5% • Restaurant level operating margin was 27.5% 1 , an increase of 190 basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058090/000105809024000012/0001058090-24-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.