Chipotle Stock Jumps 7% After Same-Store Sales Beat
Why is Chipotle stock up today?
Chipotle (CMG) stock rose about 7% in after-hours trading on Wednesday from a $28.73 close after a sales beat, as same-store sales grew 2.1% against the 1.5% analysts expected.
Key numbers
| Same-store sales | +2.1%vs 1.5% expected |
|---|---|
| Revenue | $3.3B+9.6% YoY |
| Earnings per share | $0.27vs $0.29 expected; -6.9% YoY |
| Operating margin | 13.7%vs 15.9% a year ago |
| Digital share of sales | 38.8%vs 36.7% a year ago |
| Shares year to date | -20% to -23%sources differ |
What happened
Chipotle (CMG) stock rose about 7% in after-hours trading on Wednesday from a $28.73 close after a sales beat, as same-store sales grew 2.1% against the 1.5% analysts expected. Total sales hit $3.3 billion, up 9.6% from a year ago, but profit per share of $0.27 missed the $0.29 analysts expected. Same-store sales, which track restaurants open for over a year, were helped by 0.8% more customer orders and a 1.3% higher average bill. The finance chief expects fourth-quarter growth of about 2% (per).
Why it matters
Chipotle shares are down roughly 20% this year, so a steady return to sales growth matters to investors who own the stock. The CEO said lower-income customers spent more than higher-income ones for the first time this year, with September the strongest month. Profit margins still shrank, though: operating profit was 13.7% of sales versus 15.9% a year earlier, so costs remain a worry.
Who this affects
- MarketbullishLow impact
- Restaurant investors get a sign diners are still spending.
- CompanymixedMedium impact
- Shareholders gain on sales growth, but profit margins fell.
- CompetitorsbearishLow impact
- Rivals may face tougher competition for diners' lunch money.
- IndustrymixedLow impact
- Lower-income diners returning helps, but costs still squeeze profits.
Chipotle vs McDonald's, Starbucks, Cava
How we got here
Chipotle closes at $28.73, up 2.7%, before reporting results after the bell.
Chipotle reports same-store sales up 2.1% and revenue of $3.3B; shares jump about 7% after hours.
CEO says lower-income customers outperformed higher-income ones for the first time this year.
What to watch
- Whether Thursday's regular trading session keeps the roughly 7% after-hours gain.2026-10-29
- Fourth-quarter same-store sales growth, which the finance chief expects near 2% (per).Q4 2026
- Progress on 350–370 new restaurant openings planned for 2026.Q4 2026
Educational content only. Not investment advice.
More briefsAll briefs →
Carvana Stock Jumps 8% After Q3 Revenue Beat
Carvana (CVNA) sold a record 217,385 cars as sales rose 42%, though profit per share missed forecasts.
Sprouts Farmers Market Stock Falls 18% After Earnings Miss
Sprouts Farmers Market (SFM) shares sank after hours as same-store sales fell 0.9% and the outlook was cut
Broadcom Stock Rises 4% After $63B Anthropic Chip Financing
Broadcom (AVGO) closed at $342.33 as Bank of America, Blackstone, Citi and Morgan Stanley lined up funding.