Reports Q1 revenue $3.1B, consensus $3.07B. Comparable restaurant sales increased 0.5%. “Our first quarter exceeded expectations as we advanced our Recipe for Growth strategy, delivering tangible progress across operations, digital, menu innovation, people, and development,” said Scott Boatwright, Chief Executive Officer, Chipotle (CMG). “We are excited to welcome a new Chief Brand Officer and a new Chief Digital Officer to further strengthen our value proposition, sharpen our brand messaging, and accelerate innovation-positioning Chipotle for sustained, long-term growth as we advance on our path to becoming a global iconic brand.”
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