Chipotle (CMG) CRO On Company's Latest Earnings

Chipotle (CMG) Chief Restaurant Officer, Scott Boatwright, joins Nicole Petallides to discuss CMG's latest earnings which were released April 25th, postmarket. He talks about how CMG's 1Q adjusted EPS came in at $10.50 versus an estimated $8.89 and its 1Q revenue came in at $2.4B versus an estimated $2.34B. He goes over how 1Q digital sales up 39.3% and 1Q comparable restaurant sales up 10.9%. He also notes what's next for CMG, and highlights that CMG had some favorable commodity tailwinds that should certainly support margin growth and expansion in Q1. Tune in to find out more about the stock market today.