Analysts expect Chipotle to post $3.07 billion in net revenue and 24 cents adjusted earnings per share for Q1, with same-restaurant sales projected to fall 0.7% year-over-year.
Shares have dropped about 36% over the past year, and management anticipates flat comparable restaurant sales for 2026 while planning 350 to 370 new openings.
Chipotle is implementing its 'recipe for growth' strategy, including kitchen upgrades, marketing investments, and loyalty program changes, as it competes with rivals offering lower-priced deals to attract cost-conscious diners.
Will a new CEO's growth plan save Chipotle from its historic sales decline?
Can Chipotle's global expansion succeed while its core US market is struggling?
With 'shrinkflation' claims and high prices, can Chipotle still claim to offer value?
As rivals push aggressive deals, is Chipotle's premium-only approach becoming obsolete?
Is Chipotle's focus on wealthy customers a winning strategy or a major misstep?