Exhibit 99.1 EARNINGS RELEASE PR Contact: Laurie Schalow (949) 524-4035 MediaRelations@chipotle.com IR Contact: Cindy Olsen, CFA (949) 524-4205 Cindy.Olsen@chipotle.com CHIPOTLE ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 RESULTS FOURTH QUARTER COMPARABLE SALES INCREASE 5.4% DRIVEN BY 4.0% TRANSACTION GROWTH FULL YEAR 2024 COMPARABLE SALES INCREASE 7.4% DRIVEN BY 5.3% TRANSACTION GROWTH NEWPORT BEACH, Calif. – February 4, 2025 – Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for i ...

The fast-casual restaurant chain still has a bright future.The stock of Chipotle Mexican Grill (CMG -0.13%) closed at its all-time high of $68.55 on June 18, 2024. At the time, investors were dazzled by the fast-casual restaurant chain's robust growth in comparable-store sales (comps), resilient margins, and clear expansion plans.But since hitting that peak, share prices have declined about 15%. Its stock initially sank last August after Starbucks poached its star CEO. It recovered through the end of the ye ...

Wall Street analysts expect Chipotle Mexican Grill (CMG) to post quarterly earnings of $0.24 per share in its upcoming report, which indicates a year-over-year increase of 14.3%. Revenues are expected to be $2.85 billion, up 13.4% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ...

Core Viewpoint - Chipotle Mexican Grill, Inc. is expected to report strong fourth-quarter earnings, driven by digital initiatives and operational efficiencies, despite facing cost pressures [19][20]. Earnings Performance - The company has a history of exceeding earnings expectations, with an average surprise of 9.8% over the last four quarters [2][4]. - The Zacks Consensus Estimate for fourth-quarter earnings is 24 cents per share, reflecting a 14.3% increase from the previous year [5]. - Quarterly revenues are projected at $2.85 billion, indicating a 13.4% year-over-year increase [5]. Operational Factors - Digital initiatives, including AI-driven hiring and expanded delivery partnerships, are expected to enhance operational efficiency [8][19]. - The company anticipates a 6.5% growth in comparable sales for the fourth quarter, driven by higher transactions and increased average checks [10][20]. Cost and Margin Outlook - Food, beverage, and packaging costs are expected to rise by 17.8% year-over-year, while labor costs are projected to increase by 13.9% [12]. - The restaurant-level margin is predicted to be 24.6%, down from 25.4% in the previous year [12]. Market Performance - Chipotle's shares have increased by 21% over the past year, outperforming the Zacks Retail – Restaurants industry's growth of 7.4% [13]. - The company is trading at a forward price-to-earnings ratio of 43.48X, significantly above the industry average [16]. Conclusion - Chipotle's strong earnings record and growth initiatives position it favorably ahead of its earnings release, with a solid Zacks Rank and positive Earnings ESP indicating potential for continued strong performance [19][20].

Core Viewpoint - Chipotle Mexican Grill remains a strong investment opportunity despite a slight reduction in price target by an analyst, who maintains a buy recommendation for the stock [1][2]. Group 1: Analyst Insights - Citigroup's Jon Tower reduced his price target for Chipotle by $1 to $69 per share, yet still considers the stock a buy [2]. - Concerns among investors regarding comparable-restaurant sales erosion are linked to adverse weather conditions affecting certain regions [2]. - The analyst believes that factors such as the timing of limited-time menu items and improvements in order throughput will alleviate investor fears [3]. Group 2: Management and Strategy - The appointment of Scott Boatwright as permanent CEO, following Brian Niccol's departure, is seen as a stabilizing factor, given Boatwright's familiarity with the company's successful strategies [4]. - Chipotle's consistent delivery of solid growth and profitability numbers contributes to its popularity among investors [5]. - The company is expected to benefit from efficiency measures and innovations like Chipotlane drive-thrus, which are anticipated to enhance its market position [5].

Core Points - Chipotle Mexican Grill has announced a new holiday called "Extra Sunday" on February 10, 2025, to cater to football fans who desire the day off after the championship game [1][4][10] - The promotion includes a free Guac and Queso Blanco offer for Chipotle Rewards members with the purchase of any entrée, available exclusively through the Chipotle app and website using promo code "EXTRA25" [3][10] - The initiative is inspired by a significant number of Americans advocating for the Monday after the football championship to be recognized as a national holiday, with an estimated 16.1 million U.S. employees planning to miss work that day [4][10][14] Promotion Details - The "Extra Sunday" offer allows Chipotle Rewards members to receive both free Guac and Queso Blanco simultaneously, marking the brand's largest such promotion to date [3][10] - On the day of the championship game, Chipotle will reward up to 50,000 free entrées to fans through a text-to-claim code shared via social media when "extra" events occur during the game [5][6][10] - Examples of "extra" events include significant plays such as successful fourth down conversions and extra points scored [7][11] Brand Strategy - Chipotle aims to enhance the game day experience by providing fans with free food, thereby fostering a sense of community among supporters of different teams [8] - The brand has established its "Real Food for Real Athletes" platform to support athletes with proper nutrition, and "Extra Sunday" is positioned to extend this support to fans [8][14] - Chipotle's commitment to responsible sourcing and quality ingredients is highlighted as part of its broader mission to cultivate a better world [14]

Group 1 - The company reaffirmed its position as a 'hold' candidate in the restaurant sector, indicating a stable outlook from a consumer perspective [1] - Crude Value Insights focuses on cash flow and the potential for value and growth in the oil and natural gas industry [1] - The service offers subscribers access to a 50+ stock model account and in-depth cash flow analyses of exploration and production firms [2] Group 2 - Subscribers can engage in live chat discussions about the oil and gas sector, enhancing community interaction and information sharing [2] - A promotional offer is available for a two-week free trial, encouraging new users to explore the oil and gas investment opportunities [3]

Group 1 - Chipotle Mexican Grill (CMG) has experienced a 9.7% decline over the past four weeks, but is now in oversold territory, indicating potential for a trend reversal [1] - Wall Street analysts are in strong agreement that CMG will report better earnings than previously predicted, with a consensus EPS estimate increase of 0.6% over the last 30 days [6] - The Relative Strength Index (RSI) for CMG is at 24.42, suggesting that heavy selling may be exhausting itself, which could lead to a price rebound [5] Group 2 - CMG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [7]

Group 1 - Chipotle Mexican Grill, Inc. (NYSE: CMG) was first covered in September 2022 with a bullish rating, which was successful as the stock followed the forecasted trajectory [1] - Subsequent bullish ratings for the stock were less successful, indicating a potential shift in market dynamics or company performance [1] Group 2 - The article does not provide specific financial metrics or performance data for Chipotle Mexican Grill, Inc. [1]

Core Viewpoint - Chipotle Mexican Grill is preparing to report its fourth-quarter and full-year earnings for 2024, with Scott Boatwright now firmly established as CEO, raising questions about the company's future performance and investor expectations [1][2]. Company State - Chipotle has become a notable success in the restaurant industry, demonstrating that healthy meals can be both profitable and appealing, with over 3,600 locations primarily in the U.S. and ongoing expansion plans [3]. - The unexpected departure of former CEO Brian Niccol was a surprise for shareholders, but his reforms had previously addressed health issues and introduced innovations like online ordering and Chipotlane [4]. - Boatwright's elevation to CEO is seen as a continuation of Niccol's legacy, as he has been with the company since 2017 and contributed to its recent successes, with a goal of expanding to 7,000 restaurants in North America [5]. International Expansion - Chipotle is also expanding its footprint in Europe and has opened its first location in Kuwait, which is crucial for achieving a size comparable to major competitors like McDonald's and Starbucks [6]. Ongoing Challenges - Despite a nearly 30% stock increase over the past year, there are concerns about potential overvaluation, as Chipotle's price-to-earnings (P/E) ratio stands at 54, which is high compared to historical trends [7]. - The company reported $8.5 billion in revenue for the first nine months of 2024, a 15% increase from the same period in 2023, with a 9% growth in the number of restaurants [8]. - Comparable restaurant sales rose 8%, and net income reached $1.2 billion, a 20% increase year-over-year, indicating continued strength but raising questions about whether performance justifies the current valuation [9]. Future Outlook - Boatwright's leadership is expected to maintain Chipotle's status as a buy in 2025, with the upcoming Q4 earnings report likely to set the tone for the year [10][12]. - The high P/E ratio may pressure the company, leading some investors to consider waiting for a pullback before increasing their shares [11].