Form 8-K · Current report
Chipotle Mexican Grill 8-K, filed Jul 29, 2026
- Filed
- CIK
- 0001058090
- Accession no.
- 0001058090-26-000063
Summary
Chipotle Mexican Grill reported second-quarter 2026 revenue up 9.3% to $3.3 billion with comparable restaurant sales up 2.2%, while operating margin fell to 15.7% from 18.2% and diluted earnings per share held flat at $0.32. The company raised its full-year comparable sales guidance to low single digits, plans 350 to 370 new restaurant openings in 2026, and its board authorized an additional $1.3 billion in share repurchases.
Key points
- Chipotle opened 100 company-owned restaurants in the quarter, 80 of them with a Chipotlane, plus one international partner-operated restaurant.
- Digital sales were 38.3% of total food and beverage revenue, up from 35.5% a year earlier.
- Food, beverage and packaging costs rose to 29.7% of revenue from 28.9%, driven by beef and freight inflation, and labor costs rose to 25.0% from 24.7%.
- Chipotle repurchased $630.7 million of stock during the quarter at an average price of $32.55 per share.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On July 29, 2026, Chipotle Mexican Grill, Inc. issued a press release announcing earnings and other financial results for our fiscal quarter ended June 30, 2026, and that management would review these results in a conference call at 4:30 pm Eastern time on July 29, 2026. Item 8.01 Other Events. On July 29, 2026, we announced that our Board of Directors has authorized repurchases of common stock with a total aggregate purchase price of $1.3 billion, exclusive of commissions. This repurchase authorization is in addition to previously announced repurchase authorizations. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.