CHIPOTLE ANNOUNCES THIRD QUARTER 2026 RESULTS
Chipotle posted Q3 2026 revenue of $3.3 billion, up 9.6% year-over-year, with comparable restaurant sales up 2.1% — the third consecutive quarter of positive transaction growth. Profitability moved the other way: operating margin fell to 13.7% from 15.9% and diluted EPS declined 6.9% to $0.27, pressured by labor inflation, higher G&A, and lower sales volumes.
Key figures
- Eps
- 0.27
- Revenue
- 3293162000
- Guidance
- 2026: low single digit comps; 350-370 new restaurant openings (incl. 10-15 partner-operated); underlying tax rate 24-26%. 2027: 340-360 company-owned openings in U.S./Canada plus 15-25 outside
- Revenue Yoy
- 9.6%
- Comps
- +2.1%
- Buyback q3
- 110000000
- Net income
- 339874000
- Company openings
- 84
- Operating margin
- 13.7% vs 15.9%
- Buyback avg price
- 34.05
- Buyback remaining
- $1.6 billion
- Digital sales mix
- 38.8% vs 36.7%
- Avg restaurant sales
- $3,106
- Restaurant level margin
- 23.3% vs 24.5%
AI analysis
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