8-KItem 2.02 · Results of OperationsItem 8.01 · Other EventsItem 9.01 · Financial Statements
Chipotle authorizes $1.3 billion stock repurchase and raises 2026 sales outlook
Filed with the SEC on · Summarized by InvestorsBot
Chipotle’s board authorized an additional $1.3 billion for common-stock repurchases on July 29, 2026; the company bought back $630.7 million of stock in the second quarter at an average price of $32.55, with $1.7 billion remaining under total authorizations as of June 30. For the quarter, revenue rose 9.3% to $3.35 billion and comparable sales increased 2.2%, while operating margin fell to 15.7% from 18.2%; management now expects 2026 comparable sales growth in the low single digits and 350 to 370 new restaurants.