After Chipotle Mexican Grill stopped serving jalapenos at some restaurants following a salmonella investigation, Wall Street analysts say the impact to sales will likely be limited.
The Food and Drug Administration is still working to determine if the affected were sold directly to consumers at grocery stores.
While Chipotle's stock slid on Tuesday, it said health investigators had “no ongoing concerns” with the chain after it removed the jalapenos.
CMG's traffic, Rewards gains, HEEP rollout and restaurant openings strengthen growth, but rising costs pressure margins.
CMG's second-quarter results reflect benefits from positive comparable sales, restaurant expansion and stronger digital engagement.
Chipotle Mexican Grill Inc (NYSE:CMG) shares added almost 13% after the company reported second-quarter 2026 results that exceeded Wall Street expectations and provided an upbeat outlook for the full year. The restaurant chain reported adjusted earnings of $0.33 per share, slightly ahead of analyst estimates of $0.32, while revenue came in at $3.35 billion, compared with expectations of $3.33 billion.
CMG's Q2 call highlights Recipe for Growth progress, with menu innovation, digital gains and improved execution driving momentum.
Chipotle Mexican Grill NYSE: CMG reported second-quarter revenue growth of 9.3% to $3.3 billion, supported by a 2.2% increase in comparable restaurant sales and a 1% increase in comparable transactions. The company said its “Recipe for Growth” strategy, including menu innovation, restaurant execution investments and rewards-program changes, contributed to the quarter's results.
While the top- and bottom-line numbers for Chipotle (CMG) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Chipotle Mexican Grill (CMG) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.33 per share a year ago.
Mexican fast-casual chain acknowledged ‘softening' traffic in the second half of July, but it's taking a rosier view of its full-year prospects.
The fast-casual chain's revenue rose 9.3% to $3.35 billion as it opened 100 restaurants in its second quarter.