Chipotle Mexican Grill (CMG) Tops Q3 EPS by 2c, Misses on Revenue; Offers Guidance

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CHIPOTLE ANNOUNCES THIRD QUARTER 2024 RESULTS

October 29, 2024 4:10 PM EDT

COMPARABLE SALES INCREASE 6% DRIVEN BY OVER 3% TRANSACTION GROWTH

NEWPORT BEACH, Calif., Oct. 29, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its third quarter ended September 30, 2024.

Third quarter highlights, year over year:

Total revenue increased 13.0% to $2.8 billionComparable restaurant sales increased 6.0%Operating margin was 16.9%, an increase from 16.0%Restaurant level... More