Chipotle Mexican Grill (CMG) Q1 2026 earnings
The Chipotle logo is displayed on a sign outside a restaurant in San Diego, CA on January 9, 2026.
Kevin Carter | Getty Images
Chipotle Mexican Grill It is expected to report first-quarter earnings after the bell on Wednesday.
Here are what Wall Street analysts surveyed by LSEG predict the company will report:
- Earnings per share: 24 cents expected
- Revenues: $3.07 billion is expected
Chipotle shares have lost 35% of their value over the past 12 months as the burrito chain reported declines in same-store sales in three of the last four quarters. Analysts predict same-store sales will decline 0.7% this quarter, according to StreetAccount estimates.
The company is forecasting flat same-store sales for 2026, signaling that the burrito chain’s problems are not expected to disappear quickly. However, executives had previously stated that the outlook was “conservative”, citing unforeseen consumer trends.
And the broader economic outlook has become even more uncertain since Chipotle’s last earnings report. The US war with Iran has caused fuel prices to skyrocket, causing consumers to have less disposable income after filling up at the gas pump. Domino’s Pizza It had already reported that high gas prices and weakening consumer confidence weighed on its sales in March.
