Chipotle Reports Stronger Than Expected Same-Store Sales in Q1 2026
Chipotle Mexican Grill (CMG) reported first-quarter 2026 same-store sales growth of 0.5%, surpassing analyst expectations of a 0.7% decline. Total revenue increased 7.4% to $3.09 billion, driven by new restaurant openings and improved customer traffic. However, the company faced margin compression due to rising costs.
Tickers: $CMG
Topics: Cost inflation Digital sales Earnings Menu innovation Profitability Revenue growth Same-store sales