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Chipotle Beats Forecasts, Shares Surge 7% on Sales Rise

4/30/2026

23 3 Full Breakdown

Summary

Chipotle Beats Forecasts

Chipotle Mexican Grill reported Q1 2026 sales grew 0.5% to $3.09 billion, beating forecasts.
Adjusted earnings per share were 24 cents, matching expectations, while net income fell to $302.8 million from $386.6 million.
Operating margin slipped to 12.9% from 16.7% while restaurant-level margin fell to 23.7% from 26.2%.
Same-store sales rose 0.5% versus analysts’ projected 0.7% decline, prompting shares to jump about 7% in after-hours trading.

Summary

Chipotle Adds Drive-Throughs

Chipotle opened 49 new company-owned restaurants, including 42 Chipotlane drive-through lanes for digital pickups.
Placer.ai data showed total visits increased 5.8% in the quarter.
Honey Chicken returned on April 28 in the U.S., Canada, the U.K., France and Germany and entered the High Protein Cup lineup.
Analysts said competitors Yum Brands, McDonald’s and Burger King are launching value promotions that increase pricing pressure on Chipotle.

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Chipotle Beats Forecasts

Chipotle Mexican Grill reported Q1 2026 sales grew 0.5% to $3.09 billion, beating forecasts.
Adjusted earnings per share were 24 cents, matching expectations, while net income fell to $302.8 million from $386.6 million.
Operating margin slipped to 12.9% from 16.7% while restaurant-level margin fell to 23.7% from 26.2%.
Same-store sales rose 0.5% versus analysts’ projected 0.7% decline, prompting shares to jump about 7% in after-hours trading.

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