SEC Comment Letter 0000000000-24-011114 to CHIPOTLE MEXICAN GRILL INC (CMG) (CIK 0001058090) (CMG)
CHIPOTLE MEXICAN GRILL INC (CMG) (CIK 0001058090)
Date: Oct. 1, 2024 · CIK: 0001058090 · Accession: 0000000000-24-011114
AI Filing Summary & Sentiment
File numbers found in text: 001-32731
Letter
October 1, 2024 Adam Rymer Chief Financial Officer Chipotle Mexican Grill, Inc. 610 Newport Center Drive, Suite 1100 Newport Beach, CA 92660 Re:Chipotle Mexican Grill, Inc. Form 10-K for Fiscal Year Ended December 31, 2023 Item 2.02 Form 8-K Filed February 6, 2024 File No. 001-32731 Dear Adam Rymer: We have reviewed your filings and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Item 2.02 Form 8-K Filed February 6, 2024 Exhibit 99.1, page 2 1.Please discuss the business reasons for changes in operating margin when changes in restaurant level operating margin are discussed in the results sections for the three months and full year ended December 31, 2023. Refer to Item 10(e) of Regulation S-K.
October 1, 2024 Page 2 We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Keira Nakada at 202-551-3659 or Rufus Decker at 202-551-3769 if you have any questions. Sincerely, Division of Corporation Finance Office of Trade & Services
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October 1, 2024
Adam Rymer
Chief Financial Officer
Chipotle Mexican Grill, Inc.
610 Newport Center Drive, Suite 1100
Newport Beach, CA 92660
Re:Chipotle Mexican Grill, Inc.
Form 10-K for Fiscal Year Ended December 31, 2023
Item 2.02 Form 8-K Filed February 6, 2024
File No. 001-32731
Dear Adam Rymer:
We have reviewed your filings and have the following comment(s).
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Item 2.02 Form 8-K Filed February 6, 2024
Exhibit 99.1, page 2
1.Please discuss the business reasons for changes in operating margin when changes in
restaurant level operating margin are discussed in the results sections for the three months
and full year ended December 31, 2023. Refer to Item 10(e) of Regulation S-K.
October 1, 2024
Page 2
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
Please contact Keira Nakada at 202-551-3659 or Rufus Decker at 202-551-3769 if you
have any questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services