Chipotle Mexican Grill — Feb 3, 2026 release

We are confident in the opportunity ahead and our ability to delight guests and deliver value for shareholders.” Outlook For 2026, management is anticipating the following: • Full year comparable restaurant sales to be about flat • 350 to 370 new restaurant openings, which includes 10 to 15 international partner-operated restaurants. Around 80% of company-owned restaurants will have a Chipotlane • An estimated underlying effective full year tax rate between 24% and 26% before discrete items 1 Restaurant level operating margin, adjusted diluted earnings per share, adjusted net income, non-GAAP general and administrative expenses, and non-GAAP effective income tax rate are non-GAAP financial measures. Reconciliations to GAAP measures and further information are set forth in the table at the end of this press release. Definitions The following definitions apply to these terms as used throughout this release: • Comparable restaurant sales, or sales comps, and comparable restaurant transactions , represent the change in period-over-period total revenue or transactions for company-owned restaurants in operation for at least 13 full calendar months. • Average restaurant sales refers to the average trailing 12-month food and beverage revenue for company-owned restaurants in operation for at least 12 full calendar months. • Restaurant level operating margin represents total revenue less direct restaurant operating costs, expressed as a percent of total revenue. • Digital sales represent food and beverage revenue for company-owned