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Chipotle

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Chipotle's 'Ask for More' Promise Hits a Real-World Patchwork
business19 days ago

Chipotle's 'Ask for More' Promise Hits a Real-World Patchwork

Chipotle CEO Scott Boatwright urged customers to 'just ask' for more food, but a test across three California stores shows portion policy is uneven: extra non-premium items like rice, beans, cheese, salsa and lettuce are often free, while protein, guacamole, and queso usually incur surcharges; store discretion, stock levels, and manager decisions drive variation, making 'abundance' more of a sliding scale than a universal rule amid ongoing value concerns in fast-casual bowls.

Chipotle defends big portions as social chatter questions downsizing
business20 days ago

Chipotle defends big portions as social chatter questions downsizing

Chipotle’s CEO says customers can always get larger portions by simply asking, pushing back against online chatter that portions are shrinking. The stance echoes past assurances from former CEO Niccol, even as social media debates persist. The story also notes a 2.5% year-over-year decline in Q4 2025 same-store sales and online complaints that asking for more can result in higher charges, highlighting ongoing concerns about value and brand perception.

business26 days ago

Chipotle Q1 2026: Revenue Rises on Growth Drive Despite Margin Pressure

Chipotle reported Q1 2026 revenue of about $3.09 billion, up 7.4% year over year, with comparable restaurant sales up 0.5% as higher transactions offset a modest per-check decline. Operating margin fell to 12.9% and adjusted margin to 23.7% from a year earlier. Net income was $302.8 million ($0.23 per diluted share), with adjusted net income of $316.2 million ($0.24). The company opened 49 company-owned restaurants (42 with Chipotlanes) and digital sales accounted for 38.6% of revenue. Food, beverage and packaging costs rose, labor costs increased, and general and administrative expenses rose as well. Chipotle repurchased $701 million of stock in the quarter and maintained $1.0 billion of repurchase capacity. For 2026, management expects roughly flat comparable sales, 350–370 new openings (including 10–15 international), about 80% of company-owned restaurants with Chipotlanes, and a 24–26% underlying tax rate, as part of its Recipe for Growth strategy and leadership updates.

Chipotle Returns to Growth Momentum With Modest Q1 Comp, Keeps Flat Full-Year Outlook
business27 days ago

Chipotle Returns to Growth Momentum With Modest Q1 Comp, Keeps Flat Full-Year Outlook

Chipotle delivered Q1 2026 revenue of $3.09B and adjusted EPS of 24 cents, with 0.5% same-store sales growth and 0.6% traffic gain, beating revenue expectations while net income fell to $302.8M due to higher taxes, wage costs and beef prices; the company also opened new stores to lift sales and kept its full-year same-store-sales guide flat, calling it conservative amid a volatile consumer backdrop, and named Fernando Machado as chief brand officer to bolster branding.

Chipotle Unveils Double Protein Burrito Vault With $2M Prize Bonanza for National Burrito Day
business1 month ago

Chipotle Unveils Double Protein Burrito Vault With $2M Prize Bonanza for National Burrito Day

Chipotle brings back Burrito Vault with a Double Protein Edition and a prize pool topping $2 million, including free burritos for a year, BOGO entrees, and double-protein rewards. Rewards members guess hourly burrito-order codes from March 30–April 1 (9 a.m.–9 p.m. ET), with a Daily Double Protein Power Hour that doubles prize counts. The grand tempo culminates around National Burrito Day (April 2), which also features a $0 delivery fee on digital orders. Access the game via UnlockBurritoDay.com and enroll in Chipotle Rewards for entry.

Chipotle to Give Away 100,000 Free Meals in Super Bowl Instagram Drop
business3 months ago

Chipotle to Give Away 100,000 Free Meals in Super Bowl Instagram Drop

Chipotle will give away up to $1 million in free entrées during the Super Bowl via a post-halftime Instagram Reels drop. The first 100,000 fans who text the code to 888222 will receive a free entrée (burrito, burrito bowl, salad, quesadilla or tacos) and the offer runs through February 12. The brand is also adding Game Day Nachos with customizable options on its app/website to coincide with the big game, while emphasizing real ingredients over AI ads in its marketing.

Chipotle bets on real ingredients with a $1M game-day free‑entrée burst via a viral Reel
business3 months ago

Chipotle bets on real ingredients with a $1M game-day free‑entrée burst via a viral Reel

Chipotle forgoes a traditional in-game ad, releasing a one-time Instagram Reel after halftime called 'The Chipotle Realest 30' that unlocks up to $1 million in free entrées for the first 100,000 fans who text a code to 888222. The move highlights Chipotle's real-ingredients stance and runs alongside three Game Day Nacho Hacks (Feb 5–8) on the app/site, with Chicken al Pastor returning Feb 10 for a limited time. Free entrée codes are US-only and valid until 2/12/26.