secwatch.observer — SEC 8-K summary
======================================

Issuer:     CHIPOTLE MEXICAN GRILL INC (CMG)
CIK:        0001058090
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001058090-24-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chipotle Q3 revenue $2.8B (+13%), comps +6%, EPS $0.28; $900M buyback authorized
--------------------------------------------------------------------------------

- Total revenue $2.8B (+13% YoY); comparable sales +6% driven by transaction growth of 3.3%.
- Diluted EPS $0.28 (adj. $0.27), up 21.7% from $0.23; operating margin improved to 16.9%.
- Restaurant-level operating margin slipped to 25.5% from 26.3% due to avocado/dairy inflation and generous portions.
- Opened 86 new company-operated restaurants (73 with Chipotlane); digital sales 34% of food revenue.
- Board authorized $900M additional stock repurchase, supplementing prior authorizations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058090/000105809024000048/0001058090-24-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058090/000105809024000048/cmg-20241029.htm
  HTML page:      https://secwatch.observer/filing/0001058090-24-000048

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