Chipotle Mexican Grill (CMG) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter. The growth rate was lower than the prior quarter but higher than the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter. The growth rate was lower than the prior quarter but higher than the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
+6.2%
Change from the immediately preceding quarter.
Year-over-year
+13.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $2.2B | +13.7% |
| Dec 31, 2022 | $2.2B | +11.2% |
| Mar 31, 2023 | $2.4B | +17.2% |
| Jun 30, 2023 | $2.5B | +13.6% |
Revenue performance
Revenue rose compared to the immediately preceding quarter. The increase was driven by ongoing operational execution.
Quarterly comparison
Compared to the same quarter one year earlier, revenue also increased. The year-over-year growth was stronger than the sequential growth.
What to watch
Monitor comparable restaurant sales trends as a key driver of future revenue performance.