earnings
confidence high
sentiment positive
materiality 0.80
Chipotle raises FY comp sales guidance; Q2 revenue +9.3% to $3.3B, EPS flat, $1.3B buyback
CHIPOTLE MEXICAN GRILL INC
- Total revenue $3.3B (+9.3% YoY); comparable restaurant sales +2.2% (1.2% check, 1.0% transactions).
- Diluted EPS flat at $0.32; adjusted EPS flat at $0.33; operating margin fell to 15.7% from 18.2%.
- Opened 100 company-owned restaurants (80 with Chipotlane); digital sales 38.3% of revenue (up from 35.5%).
- Board authorized $1.3B stock repurchase program in addition to prior authorizations.
- Raised full year comparable sales guidance citing strong Q2 momentum and Recipe for Growth strategy.