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Chipotle InvestorRoom Chipotle Announces Second Quarter 2021 Results Comparable Restaurant Sales Accelerate To 31.2 % , Resulting In Record Operating Profitability NEWPORT BEACH , Calif . , July 20 , 2021 / PRNEWSWIRE / -- Chipotle Mexican Grill , Inc. ( NYSE : CMG ) today reported financial results for its second quarter ended June 30 , 2021 . Second quarter highlights , year over year : • Revenue increased 38.7 % to $ 1.9 billion Comparable restaurant sales increased 31.2 % ● Digital sales grew 10.5 % and accounted for 48.5 % of sales • Operating margin was 13.0 % , an increase from -0.4 % • Restaurant level operating margin was 24.5 % ¹ , the highest since Q3 , 2015 , and an increase of 1,230 basis points • Diluted earnings per share was $ 6.60 , a 2,175.9 % increase from $ 0.29 . Excluding an $ 0.86 after tax impact from expenses related to the 2018 performance share ( " PSU " ) modification to account for the unplanned effects of COVID - 19 , restaurant asset impairment and closure costs , corporate restructuring , legal proceedings as well as other costs , adjusted diluted earnings per share was $ 7.46 , a 1,765.0 % increase from $ 0.40 ¹ • Opened 56 new restaurants including one relocation , and closed five 1 Restaurant level operating margin , adjusted net income and adjusted diluted earnings per share are non GAAP financial measures . Reconciliations to GAAP measures and further information are set forth in the table at the end of this press release . " Chipotle's second quarter results highlight the strength of our brand and our people , as we demonstrated growing momentum in the business , " said Brian Niccol , Chairman and CEO , Chipotle . " We remain confident in our key growth strategies and believe they will help us achieve our next goal of $ 3 million average unit volumes with industry leading returns on invested capital that improve as we continue to add Chipotlanes . Strong restaurant level economics combined with significant restaurant growth should allow us to optimize earnings power for many years to come . " COVID - 19 and Liquidity Update : The health and well - being of our employees and guests continues to be our top priority . Beyond the investments made in our people , restaurants , and supply chain , we are closely following the recommendations of the CDC and local health departments . We have implemented and enhanced numerous protocols that give our employees and guests confidence that Chipotle remains steadfast in our commitment to keep them safe as capacity restrictions ease and in - restaurant ordering and dining increases . As of June 30 , 2021 , Chipotle continues to maintain a strong financial position with nearly $ 1.2 billion in cash , investments and restricted cash , and no debt . We also have access to a $ 500 million untapped credit facility . Our financial strength gives us the opportunity to make on - going strategic investments in our people , business , and communities , which we believe will benefit us for years to come . Results for the three months ended June 30 , 2021 : Revenue in the second quarter was $ 1.9 billion , an increase of 38.7 % compared to the second quarter of 2020 and includes a 31.2 % increase in comparable restaurant sales . We believe on - going strength in digital sales , the strong recovery of in - restaurant sales , positive customer reception to our new menu items , and lapping the peak of the pandemic from last year contributed to second quarter revenue growth . For Q3 , while uncertainty still exists with the potential impact of COVID - 19 , as well as the pace of the economic recovery , if the current trends continue , we expect our comparable restaurant sales to be in the low to mid double - digits range . Digital sales grew 10.5 % year over year to $ 916.5 million and represented 48.5 % of sales . A little more than