secwatch.observer — SEC 8-K summary
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Issuer:     CHIPOTLE MEXICAN GRILL INC (CMG)
CIK:        0001058090
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001058090-24-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chipotle Q2 revenue up 18.2% to $3.0B; comp sales +11.1%; EPS $0.33; authorizes $400M buyback
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- Revenue $3.0B (+18.2% YoY); comparable sales +11.1% driven by 8.7% transaction growth.
- Diluted EPS $0.33 (+32%); adjusted diluted EPS $0.34 (+36%).
- Operating margin 19.7% (up from 17.2%); restaurant-level margin 28.9% (+140 bps).
- Opened 52 new company-owned restaurants (46 with Chipotlane); digital sales 35.3%.
- Board authorized $400M stock repurchase program in addition to prior authorizations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058090/000105809024000030/0001058090-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058090/000105809024000030/cmg-20240724.htm
  HTML page:      https://secwatch.observer/filing/0001058090-24-000030

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