Q1 2025 Chipotle Mexican Grill Inc Earnings Call Transcript

Apr 23, 2025 / 08:30PM GMT
Operator

Good day and welcome to the Chipotle Mexican Grill first-quarter 2025 conference call. (Operator Instructions) Please note that this event is being recorded.

I would now like to turn the conference over to Cindy Olsen, Head of Investor Relations and Strategy. Please go ahead.

Cindy Olsen - Chipotle Mexican Grill Inc - Head of Investor Relations and Strategy

Hello, everyone, and welcome to our first-quarter fiscal 2025 earnings call. By now, you should have access to our earnings press release. If not, it may be found on our Investor Relations website at ir.chipotle.com.

I will begin by reminding you that certain statements and projections made in this presentation about our future business and financial results constitute forward-looking statements. These statements are based on management's current business and market expectations, and our actual results could differ materially from those projected in the forward-looking statements. Please see the risk factors contained in our annual report on Form 10-K and our Form 10-Q for a discussion of

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