Chipotle reports Q3 2026 results with revenue beat and EPS miss
+2 new sources since this summary was written
Chipotle Mexican Grill announced third‑quarter 2026 revenue of $3.3 billion, up 9.6% year over year, while diluted earnings per share fell to $0.27, a 6.9% decline from the prior year’s $0.29. The chain opened 84 new company‑owned restaurants, including 53 Chipotlane locations, and its overall operating margin slipped to 13.7%. Management reaffirmed its full‑year outlook of low‑single‑digit comparable sales growth and a target of 350‑370 new openings for the year.
Why it matters
The earnings miss of $0.02 per share may weigh on the stock in the short term, as noted by analysts in the earnings coverage. However, the revenue beat and continued expansion support the company’s growth guidance, which could sustain investor confidence going forward.
Key facts
- 1Total revenue for the quarter was $3.3 billion, representing a 9.6% increase from the same quarter a year earlier. prnewswire.com
- 2Diluted earnings per share came in at $0.27, down 6.9% from $0.29 a year earlier. prnewswire.com
- 3Comparable restaurant sales grew 2.1% versus the prior year. prnewswire.com
- 4The company opened 84 new restaurants, of which 53 featured the Chipotlane drive‑through format. prnewswire.com
- 5Operating margin for the quarter was 13.7%, lower than the 15.9% recorded in the prior year. prnewswire.com
- 6Chipotle repurchased $110.0 million of its own stock at an average price of $34.05 per share. prnewswire.com
Summary written by AlphAI AI Desk from 16 of 16 sources. Not investment advice. Figures are as stated by the linked sources.