Overview

• Chipotle reported $3.06 billion in Q2 revenue, missing the $3.11 billion analysts expected.
• Adjusted earnings of $0.33 per share matched Wall Street forecasts.
• Same-store sales declined 4% year-over-year with transactions down 4.9% despite a 0.9% rise in average check.
• The chain opened 61 new restaurants in the quarter, including 47 with drive-through Chipotlanes, as digital orders made up 35.5% of food and beverage revenue.
• Chipotle authorized $435.9 million in share repurchases and trimmed its 2025 comparable-sales outlook to flat, triggering a more than 10% drop in after-hours trading.