Chipotle Mexican Grill, Inc. (CMG)

The company now

Chipotle reported third-quarter 2026 revenue of $3.3 billion on 28 October, up 9.6 percent from a year earlier 1. Same-store sales, which the company calls comparable restaurant sales, rose 2.1 percent, made up of a 1.3 percent rise in the average check and a 0.8 percent rise in transactions 1.

Profit margins narrowed 1. Operating margin, the share of revenue left after running costs, was 13.7 percent against 15.9 percent a year earlier 1. Net income was $339.9 million, down from $382.1 million 1.

The company said the extra revenue came mainly from new restaurants and, to a lesser extent, from comparable sales 1. Labor was 25.7 percent of revenue against 25.2 percent, which it tied to lower sales volumes, higher pay and extra staff for promotions 1. Food, beverage and packaging costs eased to 29.5 percent of revenue from 30.0 percent, helped by menu price increases and tariff relief 1.

Chief executive Scott Boatwright called it a third straight quarter of positive transaction growth and pointed to entry into three new markets 1. The open question is whether margins recover as the company keeps opening restaurants, a point the quarterly report on Form 10-Q is due to detail 1.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.