Chipotle Mexican Grill, Inc. (NYSE: CMG)

1401 Wynkoop St., Ste. 500
Denver, CO 80202 (Map)
Phone: 303-595-4000
Fax: 303-595-4014
http://www.chipotle.com

Annual Income Statement

All amounts in millions of
except per share amounts.
View: Annual | Quarterly Dec 08 Dec 07 Dec 06
Revenue 919.9 543.7 420.0
Cost of Goods Sold 721.7 422.2 332.1
Gross Profit 198.2 121.5 87.9
Gross Profit Margin 21.5% 22.3% 20.9%
SG&A Expense 69.6 37.6 33.3
Depreciation & Amortization 36.4 21.8 17.5
Operating Income 88.1 57.2 35.0
Operating Margin 9.6% 10.5% 8.3%
Nonoperating Income 2.4 0.0 0.0
Nonoperating Expenses (0.2) -- --
Income Before Taxes 87.8 57.1 34.8
Income Taxes 33.8 21.7 13.7
Net Income After Taxes 54.0 35.3 21.1

Continuing Operations 54.0 35.3 21.1
Discontinued Operations -- -- --
Total Operations 54.0 35.3 21.1
Total Net Income 54.0 35.3 21.1
Net Profit Margin 5.9% 6.5% 5.0%

Diluted EPS from Total Net Income (£) 1.63 1.07 0.65
Dividends per Share 0.00 0.00 0.00

Data Definitions

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