Quarterly ResultJul 29, 2026, 04:17 PM
Chipotle Q2 Revenue $3.3B, EPS $0.32; Authorizes $1.3B Buyback
AI Summary
Chipotle Mexican Grill reported its second-quarter 2026 financial results, with total revenue increasing 9.3% to $3.3 billion and comparable restaurant sales up 2.2%. Diluted earnings per share remained flat at $0.32. The company's Board of Directors also authorized a new $1.3 billion share repurchase program, in addition to existing authorizations. Chipotle raised its full-year comparable restaurant sales guidance to the low single-digit range, reflecting momentum from its "Recipe for Growth" strategy.
Key Highlights
- Board authorized new $1.3 billion common stock repurchase program.
- Total revenue increased 9.3% to $3.3 billion.
- Comparable restaurant sales increased 2.2%.
- Diluted earnings per share remained flat at $0.32.
- Opened 100 company-owned restaurants, with 80 including a Chipotlane.
- Raised full-year comparable restaurant sales guidance to low single-digit range.
- Food, beverage and packaging costs increased to 29.7% of total revenue.
- Digital sales represented 38.3% of total food and beverage revenue.
Price Impact
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