
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.



