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Chipotle raises annual sales forecast

Created at 29 Jul · 8:19 PM1 source↑ Market-relevant
IN SHORT

Chipotle Mexican Grill has increased its fiscal 2026 comparable restaurant sales growth forecast to low single-digit range, up from a previous outlook of about flat. The company is betting on value deals and menu refreshes to attract diners in a competitive market.

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Key Numbers

2026fiscal year for updated sales forecast
$11.9 billionfull year 2025 total revenue
5.4%full year 2025 total revenue increase
-1.7%full year 2025 comparable restaurant sales change
$11.3 billionfull year 2024 total revenue
14.6%full year 2024 total revenue increase
7.4%full year 2024 comparable restaurant sales increase
$3.0 billionfourth quarter 2025 total revenue
4.9%fourth quarter 2025 total revenue increase
-2.5%fourth quarter 2025 comparable restaurant sales change
$2.8 billionfourth quarter 2024 total revenue
13.1%fourth quarter 2024 total revenue increase
5.4%fourth quarter 2024 comparable restaurant sales increase

Who's Involved

Chipotle Mexican Grill
Burrito chain that raised its annual sales forecast
Scott Boatwright
CEO of Chipotle
Chipotle raises annual sales forecast

↳ Why This Matters

Chipotle's revised sales forecast indicates a more optimistic outlook for the company's ability to attract and retain customers, suggesting its strategic initiatives may be gaining traction in a challenging economic environment.

Key facts

  • Chipotle raised its fiscal 2026 comparable restaurant sales growth forecast to low single-digit range.
  • The company expects value deals and menu refreshes to help attract diners.
  • Full year 2025 total revenue increased 5.4% to $11.9 billion.
  • Full year 2025 comparable restaurant sales decreased 1.7%.
  • Full year 2024 total revenue increased 14.6% to $11.3 billion.
  • Full year 2024 comparable restaurant sales increased 7.4%.

Chipotle Mexican Grill has raised its annual sales forecast for fiscal year 2026, projecting comparable restaurant sales growth in the low single-digit range, an upward revision from its previous forecast of about flat. The company is implementing strategies including value deals and menu refreshes to attract customers in a competitive market.

For the full year 2025, Chipotle reported total revenue increased 5.4% to $11.9 billion, although comparable restaurant sales decreased by 1.7%. In the fourth quarter of 2025, total revenue rose 4.9% to $3.0 billion, with comparable restaurant sales declining 2.5%.

In contrast, for the full year 2024, total revenue had increased by 14.6% to $11.3 billion, driven by a 7.4% rise in comparable restaurant sales. The fourth quarter of 2024 saw total revenue grow 13.1% to $2.8 billion, with comparable restaurant sales up 5.4% due to a 4.0% increase in transactions.

Scott Boatwright, CEO of Chipotle, noted that 2025 was a year of progress and resilience, with a record number of restaurants opened globally and revenue growth in the fourth quarter and full year. He highlighted the 'Recipe for Growth' strategy aimed at accelerating transactions and expanding the global footprint.

Frequently asked questions

Chipotle now expects fiscal 2026 comparable restaurant sales growth to be in the low single-digit range, an increase from its prior forecast of about flat.

Full year 2025 total revenue increased 5.4% to $11.9 billion, while comparable restaurant sales decreased 1.7%.

The increase in total revenue was driven by new restaurant openings and gift card breakage revenue, partially offset by a decrease in comparable restaurant sales.

What Happens Next

01Chipotle will continue to implement its 'Recipe for Growth' strategy.
02The company will monitor consumer behavior and competitive pressures.

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How It Developed

Chipotle raised its fiscal 2026 comparable restaurant sales growth forecast to low single-digit range.
The prior forecast for fiscal 2026 comparable restaurant sales growth was about flat.
Chipotle reported full year 2025 total revenue increased 5.4% to $11.9 billion.
Full year 2025 comparable restaurant sales decreased 1.7%.
Chipotle reported full year 2024 total revenue increased 14.6% to $11.3 billion.
Full year 2024 comparable restaurant sales increased 7.4%.

Sources

T1
Chipotle raises annual sales forecastReuters
T2
Chipotle Announces Fourth Quarter and Full Year 2024 Resultsir.chipotle.com
T2
Chipotle Announces Fourth Quarter and Full Year 2025 Resultsnewsroom.chipotle.com

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