Chipotle Mexican Grill (CMG) Tops Q2 EPS by 1c; offers outlook

Chipotle Mexican Grill (NYSE: CMG) reported Q2 EPS of $0.33, $0.01 better than the analyst estimate of $0.32. Revenue for the quarter came in at $3.35 billion versus the consensus estimate of $3.33 billion.

Outlook

For 2026, management is anticipating the following:

Full year comparable restaurant sales growth in the low single digit range
350 to 370 new restaurant openings, which includes 10 to 15 international partner-operated restaurants. Around 80% of new company-owned restaurants will have a Chipotlane
An estimated underlying full year effective tax rate between 24% and 26% before discrete items.

For earnings history and earnings-related data on Chipotle Mexican Grill (CMG) click here.

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