Comparable Restaurant Sales Accelerate To 31.2%, Resulting In Record Operating Profitability.
NEWPORT BEACH, CA (StLouisRestaurantReview) Chipotle Mexican Grill, Inc. (NYSE: CMG) Tuesday reported financial results for its second quarter ended June 30, 2021. This is only a summary of the most useful points. St. Louis Restaurant Review has not independently verified the information contained within this article. Please refer to the Chipotle website for complete details.
Chipotle Mexican Grill – Second-quarter highlights, year over year:
Revenue increased 38.7% to $1.9 billion
Comparable restaurant sales increased 31.2%
Digital sales grew 10.5% and accounted for 48.5% of sales
The operating margin was 13.0%, an increase from -0.4%
Restaurant-level operating margin was 24.5%1, the highest since Q3, 2015, and an increase of 1,230 basis points
Diluted earnings per share were $6.60, a 2,175.9% increase from $0.29.