---
schema_version: "secwatch.filing_event.v1"
accession: "0001058090-26-000027"
form_type: "8-K"
ticker: "CMG"
cik: "0001058090"
company_name: "CHIPOTLE MEXICAN GRILL INC"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:32:45.110242+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chipotle Q1 revenue up 7.4% to $3.1B; adjusted EPS down 17.2% to $0.24

## Summary
- Comparable restaurant sales +0.5% driven by 0.6% transaction growth; average check down 0.1%.
- Operating margin fell to 12.9% from 16.7%; adjusted restaurant-level margin 23.7% vs 26.2%.
- Diluted EPS $0.23 (-17.9% YoY); adjusted diluted EPS $0.24 (-17.2% YoY).
- Food costs 29.6% of revenue (up from 29.2%) due to beef and freight inflation; labor costs 26.1% (up from 25.0%).
- Opened 49 company-owned restaurants, 42 with Chipotlane; digital sales at 38.6% of revenue.

## SEC filing metadata
- accession: 0001058090-26-000027
- form_type: 8-K
- ticker: CMG
- cik: 0001058090
- company_name: CHIPOTLE MEXICAN GRILL INC
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058090/000105809026000027/0001058090-26-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058090/000105809026000027/cmg-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058090-26-000027
- JSON: https://secwatch.observer/filing/0001058090-26-000027.json
- Plain text: https://secwatch.observer/filing/0001058090-26-000027.txt

## Key facts
- Earnings Releases
  CHIPOTLE MEXICAN GRILL INC reported first quarter ended March 31, 2026 results: revenue $3.1 billion, EPS $0.23.
  - Period: first quarter ended March 31, 2026
  - Revenue: $3.1 billion
  - EPS: $0.23
  - Result: reported results
  source text: Cindy.Olsen@chipotle.com CHIPOTLE ANNOUNCES FIRST QUARTER 2026 RESULTS RETURN TO POSITIVE TRANSACTIONS DRIVES 0.5% COMPARABLE RESTAURANT SALES GROWTH; REVENUE INCREASES 7.4% TO $3.1 BILLION NEWPORT BEACH, Calif. – April 29, 2026 – Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2026. First quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058090/000105809026000027/0001058090-26-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.