Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.26Last Year’s EPS
0.27Same Quarter Last Year
Strong Buy
Based on 22 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call highlighted meaningful top-line momentum (7.4% revenue growth), strong digital and loyalty engagement, successful menu innovation and encouraging early results from operational and technology investments (equipment rollout, digital makeline, AI and pilots). At the same time the company is navigating near-term margin pressure and EPS decline driven by cost inflation (beef, freight, labor), higher operating and marketing spend, and mix/check headwinds. Management communicated an optimistic long-term view with cautious near-term guidance and a clear path to margin improvement in the second half as inflation lapping and pricing/actions take effect.Company Guidance
Revenue and Top-Line Growth
Total revenue grew 7.4% year-over-year to $3.1 billion in Q1 2026, driven by a positive comparable restaurant sales increase of 0.5% and a return to positive transaction growth.
Digital Sales Penetration
Digital sales reached $1.2 billion, representing 38.6% of total sales, with order-ahead surpassing 20% of orders—highlighting strong digital adoption.
Loyalty Program Momentum
Loyalty sales reached 32% of total sales, up 300 basis points versus Q1 2025. Since the relaunch, new member acquisition rose ~25% and loyalty-driven comps have outpaced non-loyalty comps for several quarters.
Menu Innovation Driving Transactions
High-protein line and LTOs performed well: add-on protein appeared in nearly 25% of transactions; Chicken Al Pastor return and Cilantro-Lime Sauce drove incremental transactions (cilantro-lime incidence ~2x Red Chimichurri); protein LTOs historically generate several hundred basis points of transaction lift.
Operational & Technology Progress
High-efficiency equipment package is live in >600 restaurants (+250 vs prior quarter) with reported comp improvements typically in the hundreds of basis points (200–400 bps in tests). Chipotle Kitchen digital makeline is live in >100 restaurants with rollout planned by year-end; AI assistant and drone delivery pilots showing early promise.
New Leadership Appointments
Hired Fernando Machado as Chief Brand Officer and Arlie Sisson as Chief Digital Officer to accelerate brand marketing and digital/loyalty initiatives.
Restaurant Growth and Unit Economics
Opened 49 new restaurants in Q1 (42 Chipotlane). Company remains on track to open ~350 restaurants in 2026. Europe delivered strongest opening-day sales at Westfield Stratford, positive comps across European countries; Europe now in double-digit margins with ~40% ROI in year 2 for new restaurants.
Strong Balance Sheet & Capital Return
Ended the quarter with ~$1.0 billion in cash, restricted cash and investments and no debt. Repurchased $701 million of stock at an average price of $36.14 in Q1 with ~$1.0 billion remaining under authorization.
CH:C9F Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FAQ
When does Chipotle Mexican Grill (CH:C9F) report earnings?
Chipotle Mexican Grill (CH:C9F) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Chipotle Mexican Grill (CH:C9F) earnings time?
Chipotle Mexican Grill (CH:C9F) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Chipotle Mexican Grill stock?
The P/E ratio of Chipotle is N/A.
What is CH:C9F EPS forecast?
CH:C9F EPS forecast for the fiscal quarter 2026 (Q2) is 0.26.
