Chipotle Mexican Grill (CMG) Tops Q2 EPS by 26c
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CHIPOTLE ANNOUNCES SECOND QUARTER 2022 RESULTS
July 26, 2022 4:10 PM EDTOPERATING INCOME INCREASES 37.5% AND COMPARABLE RESTAURANT SALES INCREASE 10.1% AS MARGINS EXPAND
NEWPORT BEACH, Calf., July 26, 2022 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its second quarter ended June 30, 2022.
Second quarter highlights, year over year:
Total revenue increased 17.0% to $2.2 billionComparable restaurant sales increased 10.1%In-restaurant sales increased 35.9%, while digital sales1 represented 39.0% of food and beverage revenueOperating margin was 15.3%, an increase from 13.0%Restaurant level operating margin was 25.2% 2, an... More