Chipotle Mexican Grill (CMG) Tops Q1 EPS by 47c, Revenues Miss
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Chipotle Announces First Quarter 2021 Results
April 21, 2021 4:10 PM EDTNEWPORT BEACH, Calif., April 21, 2021 /PRNewswire/ --Â Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2021.
First quarter highlights, year over year:
Revenue increased 23.4% to $1.7 billion Comparable restaurant sales increased 17.2% Digital sales grew 133.9% and accounted for 50.1% of sales Restaurant level operating margin was 22.3%, an increase of 470 basis points Diluted earnings per share was $4.45, net of a $0.91 after-tax impact from expenses related to the 2018 performance share ("PSU") modification to account for the unplanned effects of COVID-19, restaurant... More