Chipotle Announces Second Quarter 2022 Results
Chipotle Mexican Grill, Inc. 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 billion- Comparable restaurant sales increased 10.1%- In-restaurant sales increased 35.9%, while digital sales1 represented 39.0% of food and beverage revenue- Operating margin was 15.3%, an increase from 13.0%- Restaurant level operating margin was 25.2% 2, an increase of 70 basis points- Diluted earnings per share was $9.25, a 40.2% increase from $6.60. Adjusted diluted earnings per share, which excluded a $0.05...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required.
Password is required.