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Chipotle hikes same-store sales forecast as diners return for burrito bowls

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Jul 29, 2026 · 20:19

Chipotle Mexican Grill on Wednesday raised its same-store sales growth forecast for the year after topping analysts’ quarterly earnings and revenue expectations.

The restaurant company is now projecting that its same-store sales will increase by a low single digit percentage in 2026, higher than its previous outlook of flat same-store sales for the full year.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

* **Earnings per share:** 33 cents adjusted vs. 32 cents expected
* **Revenue:** $3.35 billion vs. $3.33 billion expected

Chipotle reported second-quarter net income of $403.5 million, or 32 cents per share, down from $436.1 million, or 32 cents per share, a year earlier. Excluding impairment and restructuring costs and other items, the company earned 33 cents per share.

Revenue climbed 9.3% to $3.35 billion.

Same-store sales rose 2.2%, lifted by a 1% increase in traffic to restaurants. Total check size inched up 1.2% compared with the year-ago period.

During the quarter, Chipotle opened 100 new locations and one international restaurant operated by a partner.

Source: [https://www.cnbc.com/2026/07/29/chipotle-mexican-grill-cmg-q2-2026-earnings.html](https://www.cnbc.com/2026/07/29/chipotle-mexican-grill-cmg-q2-2026-earnings.html)

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