Chipotle Mexican Grill (CMG) Tops Q2 EPS by 2c, Comps Increase 11.1%

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Go back to Chipotle Mexican Grill (CMG) Tops Q2 EPS by 2c, Comps Increase 11.1%

CHIPOTLE ANNOUNCES SECOND QUARTER 2024 RESULTS

July 24, 2024 4:10 PM EDT

COMPARABLE SALES INCREASE 11% DRIVEN BY OVER 8% TRANSACTION GROWTH AS MARGINS EXPAND

NEWPORT BEACH, Calif., July 24, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its second quarter ended June 30, 2024.

Second quarter highlights, year over year:

Total revenue increased 18.2% to $3.0 billionComparable restaurant sales increased 11.1%Operating margin was 19.7%,... More