Chipotle Mexican Grill reports Q3 2026 earnings with revenue beat and EPS miss
Chipotle Mexican Grill announced third‑quarter 2026 results on Oct. 28. Revenue rose 9.6% year‑over‑year to $3.3 billion, beating estimates, while comparable restaurant sales increased 2.1%. Diluted earnings per share fell 6.9% to $0.27, missing consensus forecasts of $0.29. The company opened 84 new restaurants, including 53 Chipotlane locations, and reaffirmed its outlook for low‑single‑digit comparable sales growth and 350‑370 new openings for the full year.
Why it matters
The revenue beat supports the company’s growth narrative, but the EPS miss and lower operating margin may pressure the stock, which has fallen over 20% YTD. Management’s reaffirmation of full‑year guidance keeps the outlook unchanged for investors.
Key facts
- 1Total revenue increased 9.6% to $3.3 billion (year‑over‑year)【3】 prnewswire.com
- 2Comparable restaurant sales grew 2.1% (year‑over‑year)【3】 prnewswire.com
- 3Diluted earnings per share was $0.27, a 6.9% decrease from $0.29【3】 prnewswire.com
- 4Adjusted diluted earnings per share was $0.27, also a 6.9% decrease from $0.29【3】 prnewswire.com
- 5Operating margin was 13.7%, down from 15.9% in the prior year【3】 prnewswire.com
- 6Opened 84 company‑owned restaurants, including 53 with Chipotlane and five international partner‑operated locations【3】 prnewswire.com
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.