Chipotle Mexican Grill, Inc. ( CMG - Free Report ) registered stellar first-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. During the quarter, the company reported benefits from enhanced throughput and effective marketing initiatives like Braised Beef Barbacoa and Chicken Al Pastor, leading to strong sales and transaction growth. McDonald's Corporation ( MCD - Free Report ) posted mixed first-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top and the bottom line increased on a year-over-year basis. Looking ahead to the remainder of 2024 and beyond, MCD's focus remains on maximizing the competitive strengths outlined in its Accelerating the Arches strategy and expanding its market share in the quick-service restaurant sector to fuel sustained growth.