Chipotle Mexican Grill Inc [CMG] reports annual net loss of $1,228,737.0 trillion

CHIPOTLE MEXICAN GRILL INC [CMG] has reported a net loss of $1,228,737.0 trillion for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $9,871,649.0 trillion

Based in Newport Beach, California, CHIPOTLE MEXICAN GRILL INC operates in the RETAIL sector.

In the fiscal year ending December 31, 2023, the total revenue for the company amounted to $9.87 billion, indicating a notable increase compared to the previous year's revenue of $8.63 billion in 2022 and $7.55 billion in 2021.

Analyzing the cost of goods sold or operating expenses for the same periods, the total operating expenses in 2023 were $8.31 billion, reflecting an increase from $7.47 billion in 2022 and $6.74 billion in 2021. This resulted in income from operations of $1.56 billion in 2023, up significantly from $1.16 billion in 2022 and $804.94 million in 2021.