AI brief of an SEC Form 8-K · Chipotle Mexican Grill (CMG)

Chipotle Q1 revenue rises 6.4% to $2.9 billion; board adds $400 million buyback

Positive Impact 4 of 5 earnings Written later

Chipotle reported first-quarter 2025 results for the quarter ended March 31, 2025. Total revenue rose 6.4% to $2.9 billion and diluted earnings per share were $0.28, up from $0.26, while comparable restaurant sales fell 0.4%. The board also authorized $400 million in share repurchases, in addition to previously announced authorizations, which matters to shareholders because it adds to the capital the company can return.

Key points

  • Total revenue rose 6.4% to $2.9 billion; comparable restaurant sales decreased 0.4%.
  • Diluted EPS was $0.28 versus $0.26; restaurant level operating margin fell to 26.2% from 27.5%.
  • Board authorized $400 million in repurchases; $874.7 million remained available under authorizations as of March 31, 2025.
  • 2025 outlook: full-year comparable restaurant sales growth in the low single digit range and 315 to 345 new company-owned restaurant openings.

The filing

CompanyChipotle Mexican Grill (CMG)
Form8-K, current report
Filed with the SECApr 23, 2025, 4:11 PM ET
Accession number0001058090-25-000028

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.