Chipotle Posts $3.35 Billion Q2 Revenue, Raises Outlook as Affordability Push Lifts Traffic
Updated
Updated · Yahoo Finance · Jul 30
Chipotle Posts $3.35 Billion Q2 Revenue, Raises Outlook as Affordability Push Lifts Traffic
3 articles · Updated · Yahoo Finance · Jul 30
Summary
Chipotle beat quarterly expectations with Q2 revenue up 9.3% to $3.35 billion and adjusted EPS of $0.33, sending shares up 8% in early Thursday trading.
Comparable sales rose 2.2%, driven by gains in both customer traffic and average check size, as the chain said affordability scores reached their best levels in roughly two years.
High-protein value items, digital rewards offers, free-delivery promotions and buy-one-get-one deals helped Chipotle counter complaints that repeated price increases had made meals too expensive.
Management lifted its full-year view to low-single-digit comparable sales growth from a prior forecast of flat growth, reinforcing investor hopes for faster margin and earnings expansion later in 2026.