Chipotle Mexican Grill, Inc. · NYSE:CMG
Chipotle Mexican Grill — Q2 2024 Earnings Presentation
5 slides from Chipotle Mexican Grill's earnings presentation, Jul 24, 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 June 30, 2024 2023 Net income $ 455,671 $ 341,790 Non-GAAP adjustments: Impairment and exit c
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 June 30, 2024 2023 General and administrative expenses $ 175,028 $ 156,496 Non-GAAP adjustments: Restructuring expense(1) - (3,495) Le
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 June 30, 2024 2023 Effective income tax rate 25.0 % 23.8 % Tax impact of non-GAAP adjustments(1) - - Adjusted effective income tax rate 25.0 % 23.8 % (1) Adjus
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 June 30, Percent of Percent of total total 2024 revenue 2023 revenue Income from operations $ 586,053 19.7 % $ 431,810 17.2 % Non-GAAP Adjustment
Chipotle Mexican Grill — Q2 2024 Earnings Presentation on 6ix