Chipotle Mexican Grill is about to report its quarterly earnings after the bell on Wednesday.
Here's what Wall Street is expecting the company to report, based on a survey of analysts from LSEG:
Wall Street is projecting that the burrito chain will report same-store sales growth of 1.5% for the quarter, based on StreetAccount estimates. While consumer fears about cyclospora weighed on its sales during the summer, Chipotle appears to have rebounded fully from its shaky 2025, when diner traffic and same-store sales fell.
For the full year, Chipotle is projecting that its same-store sales will increase by a low single digit percentage.
It also marks the company's first earnings report after speculation earlier in October that Starbucks could buy the company. The coffee giant has since denied that it is interested in acquiring Chipotle. Semafor also reported that Chipotle had hired advisors to defend against activist investors or an unwanted takeover bid as its shares have struggled.
Chipotle's stock has fallen nearly 22% so far this year, dragging its market cap down to about $36 billion.
