Cindy Olson
Head of Investor Relations and Strategy
Replay available
Chipotle Mexican Grill, Inc. (NYSE: CMG) Q2 2025 earnings conference call, held 2025-07-23. Replay captured from the company's public earnings webcast.

Head of Investor Relations and Strategy
Analyst, Morgan Stanley
Analyst, Bank of America
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Analyst, Goldman Sachs
Analyst, Deutsche Bank
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WEBVTT 00:00:00.875 -- 00:00:05.920 Good day, and welcome to the Chipotle Mexican Grill second quarter 2025 results 00:00:05.920 -- 00:00:10.785 conference call. All participants will be in a listen-only mode. 00:00:10.785 -- 00:00:14.629 Should you need assistance, please signal a conference specialist by pressing the star 00:00:14.629 -- 00:00:16.932 key followed by zero. 00:00:16.932 -- 00:00:22.017 After today's presentation, there will be an opportunity to ask questions. 00:00:22.017 -- 00:00:26.962 To ask a question, you may press star, then one on a touch-tone phone. 00:00:26.962 -- 00:00:30.777 To withdraw your question, please press star, then two. 00:00:30.777 -- 00:00:33.761 Please note, this event is being recorded. 00:00:33.761 -- 00:00:38.448 I would now like to turn the conference over to Cindy Olson, Head of Investor Relations 00:00:38.448 -- 00:00:42.010 and Strategy. Please go ahead. 00:00:46.300 -- 00:00:51.026 Hello, everyone, and welcome to our second quarter fiscal 2025 earnings call. 00:00:51.026 -- 00:00:53.710 By now, you should have access to our earnings press release. 00:00:53.710 -- 00:00:58.857 If not, it may be found on our Investor Relations website at ir.chipolle.com. 00:00:58.857 -- 00:01:03.323 I will begin by reminding you that certain statements and projections made in this presentation 00:01:03.323 -- 00:01:07.710 about our future business and financial results constitute forward-looking statements. 00:01:07.710 -- 00:01:11.315 These statements are based on management's current business and market projections, and 00:01:11.315 -- 00:01:14.860 our actual results could differ materially from those projected in the forward-looking 00:01:14.860 -- 00:01:19.867 statements. Please see the risk factors contained in our annual report on ...