Chipotle Q1 Revenue Rises 7.4%; Same-Store Sales Up 0.5%

Chipotle Mexican Grill Inc. reported a 7.4% increase in first quarter revenue to $3.1 billion, meeting analysts’ expectations for the period ended March 31.  

Chipotle attributed the growth to the 49 new restaurant openings and the chain’s 0.5% rise in same-store sales during Q1 (NYSE: CMG). The company last reported same-store sales growth in the 2025 third quarter.  

“Our first quarter exceeded expectations as we advanced our Recipe for Growth strategy, delivering tangible progress across operations, digital, menu innovation, people, and development,” Chief Executive Scott Boatwright said in a statement.  

Shares rose 6.1% to $35 apiece during after-hours trading.  

The Newport Beach-based company reaffirmed its 2026 forecast that full-year same-store sales will be flat.