Chipotle Mexican Grill, Inc. (CMG) Bernstein 42nd Annual Strategic Decisions Conference May 28, 2026 2:30 PM EDT
Company Participants
Scott Boatwright – CEO & Director
Adam Rymer – Chief Financial Officer
Conference Call Participants
Danilo Gargiulo – Bernstein Institutional Services LLC, Research Division
Presentation
Danilo Gargiulo
Bernstein Institutional Services LLC, Research Division
Good afternoon, everybody. Thank you so much for joining us. My name is Danilo Gargiulo. I’m the senior analyst at Bernstein covering restaurants and food distributors, and I’m delighted that we have again here on-stage Chipotle with the CEO, Scott Boatwright. First-time CEO here at the SDC. So welcome aboard.
Scott Boatwright
CEO & Director
Thank you.
Question-and-Answer Session
Danilo Gargiulo
Bernstein Institutional Services LLC, Research Division
And also, obviously, like Adam Rymer, CFO of Chipotle. Before I start asking a few questions, I want to remind everybody that you can always send questions through the pigeonhole going to pigeonhole.at with passcode 2026SDC. And with that, let me get started. Scott, what are the top 3 takeaways that you think investors should be remembering at the end of this conference?
Scott Boatwright
CEO & Director
I would say probably first and foremost, is that we have redesigned our strategy, and we launched the new recipe for growth strategy with 5 core tent poles late last year that are already starting to show green shoots of recovery for our brand, which I’m really excited about, and these continue to build. And the strategy — components of the strategy will continue to scale and build throughout the year and will ladder to multiple years of growth for us.
The second thing I would tell you is we are strengthening our leadership team and bringing in what I believe to be best-in-class leaders across digital and marketing as well as supply chain
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