Chipotle Mexican Grill, Inc. · NYSE:CMG
Chipotle Mexican Grill — Q3 2024 Earnings Presentation
5 slides from Chipotle Mexican Grill's earnings presentation, Oct 29, 2024
Slide 1: Reconciliation of Non-GAAP Financial Measures
CHIPOTLE MEXICAN GRILL, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES The following tables provide a reconciliation of non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. Adjusted net income is net income excluding exp
Slide 2: Adjusted Net Income and Adjusted Diluted Earnings per Share
CHIPOTLE MEXICAN GRILL, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Adjusted Net Income and Adjusted Diluted Earnings per Share (in thousands, except per share amounts) (unaudited) Three months ended September 30, 2024 2023 Net income $ 387,388 $ 313,217 Non-GAAP adjustments: Impairment and e
Slide 3: Adjusted General and Administrative Expenses
CHIPOTLE MEXICAN GRILL, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Adjusted General and Administrative Expenses (in thousands) (unaudited) Three months ended September 30, 2024 2023 General and administrative expenses $ 126,614 $ 159,501 Non-GAAP adjustments: Restructuring expense(1) - (1,33
Slide 4: Adjusted Effective Income Tax Rate
CHIPOTLE MEXICAN GRILL, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Adjusted Effective Income Tax Rate (unaudited) Three months ended September 30, 2024 2023 Effective income tax rate 22.9 % 24.2 % Tax impact of non-GAAP adjustments(1) 0.9 - Adjusted effective income tax rate 23.8 % 24.2 % (1
Slide 5: Restaurant Level Operating Margin
CHIPOTLE MEXICAN GRILL, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Restaurant Level Operating Margin (in thousands) (unaudited) Three months ended September 30, Percent of Percent of total total 2024 revenue 2023 revenue Income from operations $ 473,256 16.9 % $ 394,950 16.0 % Non-GAAP Adjus
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