Chipotle Mexican Grill sign outside the chain’s restaurant in the Mission Rock development, San Francisco, California, October 15, 2026. (
Smith Collection/gado | Archive Photos | Getty Images
Chipotle Mexican Grill on Wednesday reported mixed quarterly results as its restaurant-level operating margin shrank.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earnings per share: 27 cents adjusted vs. 29 cents expected
- Revenue: $3.29 billion vs. $3.29 billion expected
Chipotle reported fiscal third-quarter net income of $339.9 million, or 27 cents per share, down from $382.1 million, or 29 cents per share, a year earlier. The company’s restaurant-level operating margin fell from 24.5% to 23.3%.
Excluding restaurant asset impairment charges and stock-based compensation, the company earned 27 cents per share.
Net sales rose 9.6% to $3.29 billion, fueled by the chain’s new…
