Chipotle Mexican Grill, Inc. Reports First Quarter 2008 ResultsWednesday April 23, 4:00 pm ET-- Diluted EPS for the Quarter of $0.52, 37% Higher than 1st Quarter 2007-- 28 New Restaurants Opened in the Quarter-- 10.2% Comparable Restaurant Sales Increase for the QuarterDENVER--(BUSINESS WIRE)--Chipotle Mexican Grill, Inc. (NYSE: CMG - News and CMG.B - News) today reported financial results for its first quarter ended March 31, 2008.Highlights for the first quarter of 2008 as compared to the first quarter of 2007 include:Revenue increased 29.3% to $305.3 millionComparable restaurant sales increased 10.2%Restaurant level operating margins increased 50 basis points to 21.2%Income from operations as a percentage of revenue increased 90 basis points to 8.8%Net income increased 38.9% to $17.3 millionDiluted earnings per share increased 36.8% to $0.52http://biz.yahoo.com/bw/080423/20080423006256.html?.v=1
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