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

Issuer:     CHIPOTLE MEXICAN GRILL INC (CMG)
CIK:        0001058090
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001058090-26-000027
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chipotle Q1 revenue up 7.4% to $3.1B; adjusted EPS down 17.2% to $0.24
----------------------------------------------------------------------

- Comparable restaurant sales +0.5% driven by 0.6% transaction growth; average check down 0.1%.
- Operating margin fell to 12.9% from 16.7%; adjusted restaurant-level margin 23.7% vs 26.2%.
- Diluted EPS $0.23 (-17.9% YoY); adjusted diluted EPS $0.24 (-17.2% YoY).
- Food costs 29.6% of revenue (up from 29.2%) due to beef and freight inflation; labor costs 26.1% (up from 25.0%).
- Opened 49 company-owned restaurants, 42 with Chipotlane; digital sales at 38.6% of revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058090/000105809026000027/0001058090-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058090/000105809026000027/cmg-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001058090-26-000027

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