Chipotle raises 2026 comparable sales outlook as Q2 revenue rises 9.3%
Chipotle reported second-quarter 2026 revenue of $3.3 billion, up 9.3%, with comparable restaurant sales up 2.2%, but net income fell to $403.5 million and diluted EPS was flat at $0.32. The company raised its full-year comparable sales outlook to the low single digit range and authorized $1.3 billion in additional share repurchases, which may be modified, suspended or discontinued at any time.
Key points
- Total revenue rose 9.3% to $3.3 billion; comparable restaurant sales rose 2.2%, driven by a 1.2% increase in average check and a 1.0% increase in transactions.
- Net income was $403.5 million, or $0.32 per diluted share, versus $436.1 million, or $0.32, in the second quarter of 2025.
- Full-year 2026 comparable restaurant sales growth is expected in the low single digit range, and the company expects 350 to 370 new restaurant openings.
- The Board approved $1.3 billion in additional repurchase authorizations on June 11, 2026; $1.7 billion remained available as of June 30, 2026.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.