Chipotle Forecasts $3.07B Q1 Revenue, Plans $2M Free Burrito Giveaway
Chipotle expects Q1 same-store sales to drop 0.9% while revenue rises 7% to $3.07 billion and adjusted EPS falls to $0.24 from $0.29. The company will give up to 200,000 teachers and healthcare workers free entrée e-gift cards valued at $2 million.
1. Q1 Earnings Preview
Chipotle is set to report Q1 results after market close, with consensus same-store sales down 0.9% and revenue up 7% to $3.07 billion, while adjusted EPS is forecast at $0.24 versus $0.29 last year. Investors will be watching for an update to 2026 sales guidance as the chain relies on its high-protein menu, limited-time chicken al pastor, honey chicken return, revamped rewards program and expanding group-order options to counter traffic declines.
2. Teacher and Healthcare Worker Giveaway
From May 4 to May 12, Chipotle will award up to 100,000 teachers and 100,000 healthcare workers free entrée e-gift cards through ID.me verification, totaling $2 million in value and reinforcing brand engagement. Additionally, guests can use the Round-Up for Real Change feature on the app to support the American Nurses Foundation now and the Kids In Need Foundation later this year.