CHIPOTLE MEXICAN GRILL (CMG)

DC Advisory
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ANNUAL – per Yahoo/Finance

QUARTERLY – per Yahoo/Finance

ENTERPRISE VALUE/TTM ADJUSTED EBITDA per Lipton Financial Services

MOST RECENT CONFERENCE CALL TRANSCRIPT

https://seekingalpha.com/article/4620249-chipotle-mexican-grill-inc-cmg-q2-2023-earnings-call-transcript

For 2023, management is anticipating the following:

Third quarter comparable restaurant sales growth in the low to mid-single digit range. Full year comparable restaurant sales growth in the mid to high-single digit range. 255 to 285 new restaurant openings (including 10 to 15 relocations to add a Chipotlane), which assumes utility, construction, permit and material supply delays do not worsen. An estimated underlying effective full year tax rate between 25% and 27% before discrete items