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Chipotle shares jump 13% after beating Q2 earnings and raising full-year outlook

Company Fundamentals
30 Jul 2026
Proactive Investors
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Bullish
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Chipotle Mexican Grill reported Q2 2026 adjusted earnings of $0.33 per share, slightly above estimates, and revenue of $3.35 billion, driven by new restaurant openings and higher sales. Comparable restaurant sales rose 2.2%, with digital sales making up 38.3% of revenue. Despite higher costs impacting operating margins, the company plans to open 350-370 new restaurants in 2026 and raised its sales growth outlook to low single digits. CEO Scott Boatwright highlighted progress from menu innovation, customer engagement, and expanded service options like Chipotlane drive-thrus.

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