Chipotle sees Q1 comparable restaurant sales growth in high-single digits

For 2023, management is anticipating the following: Based on January comparable restaurant sales growth in the low-double-digits, we anticipate first quarter comparable restaurant sales growth in the high-single-digits; 255 to 285 new restaurant openings (including 10 to 15 relocations to add a Chipotlane), which assumes utility, construction, permit and material supply delays do not worsen; An estimated underlying effective full year tax rate between 25% and 27% before discrete items.