Chipotle Mexican Grill (CMG) Reports In-Line Q1 EPS

Chipotle Mexican Grill (NYSE: CMG) reported Q1 EPS of $0.24, in-line with the analyst estimate of $0.24. Revenue for the quarter came in at $3.09 billion versus the consensus estimate of $3.06 billion.

Outlook
For 2026, management is anticipating the following:
•Full year comparable restaurant sales to be about flat
•350 to 370 new restaurant openings, which includes 10 to 15 international partner-operated restaurants. Around 80% of company-owned restaurants will have a Chipotlane
•An estimated underlying effective full year 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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