secwatch.observer — SEC 8-K summary
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Issuer:     CHIPOTLE MEXICAN GRILL INC (CMG)
CIK:        0001058090
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001058090-24-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058090/000105809024000012/0001058090-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058090/000105809024000012/cmg-20240424.htm
  HTML page:      https://secwatch.observer/filing/0001058090-24-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer