Chipotle Misses Q2 Revenue Target, Warns Of Flat 2025 Sales

Benzinga

Chipotle Mexican Grill reported second-quarter revenue of $3.06 billion, falling short of the $3.11 billion consensus, according to Benzinga. Adjusted earnings per share were 33 cents, matching expectations. Total revenue rose 3%, fueled by the opening of 61 new restaurants, 47 of which featured a Chipotle. Digital sales accounted for 35.5% of food and beverage revenue, while restaurant-level operating margin was 27.4%. The company repurchased $435.9 million in stock and now expects 2025 comparable sales to be roughly flat, down from prior guidance. Chipotle expects to open 315 to 345 new restaurants in 2025, with over 80% featuring a Chipotlane.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Chipotle Mexican Grill reported second quarter revenue of $3.06 billion,

00:06falling short of the $3.11 billion consensus, according to Benzinga.

00:10Just an earnings per share were $0.33, matching expectations.

00:14Total revenue rose 3%, fueled by the opening of 61 new restaurants, 47 of which featured at Chipotle.

00:20Digital sales accounted for 35.5% of food and beverage revenue,

00:24while restaurant-level operating margin was 27.4%.

00:27The company repurchased $435.9 million in stock and now expects 2025 comparable sales to be roughly flat, down from prior guidance.

00:36Chipotle expects to open 315 to 345 new restaurants in 2025, with over 80% featuring a Chipotle.

00:43For all things money, visit Benzinga.com.

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