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Guidance history, every release
Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing
| Metric | Oct 29, 2024 FY24 Q3 | Feb 4, 2025 FY24 Q4 | Apr 23, 2025 FY25 Q1 | Jul 23, 2025 FY25 Q2 | Oct 29, 2025 FY25 Q3 | Feb 3, 2026 FY25 Q4 | Apr 29, 2026 FY26 Q1 | Jul 29, 2026 FY26 Q2 |
|---|---|---|---|---|---|---|---|---|
| For FY2026 | ||||||||
| Comparable restaurant sales | — | — | — | — | — | New“about flat” | Reiterated“about flat” | — |
| Comparable restaurant sales growth | — | — | — | — | — | — | — | New“low single digit range” |
| Estimated underlying effective full year tax rate before discrete items | — | — | — | — | — | New“between 24% and 26%” | Reiterated“between 24% and 26%” | — |
| Estimated underlying full year effective tax rate before discrete items | — | — | — | — | — | — | — | New“between 24% and 26%” |
| International partner-operated restaurant openings | — | — | — | — | — | New“10 to 15” | — | — |
| International partner-operated restaurant openings (included in new restaurant openings) | — | — | — | — | — | — | New“10 to 15” | Reiterated“10 to 15” |
| International partner-operated restaurants (included in new openings) | — | — | — | — | New“10 to 15” | — | — | — |
| New restaurant openings | — | — | — | — | New“350 to 370” | Reiterated“350 to 370” | Reiterated“350 to 370” | Reiterated“350 to 370” |
| Share of new company-owned restaurants with a Chipotlane | — | — | — | — | New“Over 80%” | Revised“Around 80%” | Reiterated“Around 80%” | Reiterated“Around 80%” |
| For FY2025 | ||||||||
| Comparable restaurant sales | — | — | — | New“About flat” | — | — | — | — |
| Comparable restaurant sales declines | — | — | — | — | New“low-single digit range” | — | — | — |
| Comparable restaurant sales growth | — | New“low to mid-single digit range” | Lowered“low single digit range” | — | — | — | — | — |
| Estimated underlying effective full year tax rate | — | New“between 25% and 27%” | Reiterated“between 25% and 27%” | Reiterated“between 25% and 27%” | Reiterated“between 25% and 27%” | — | — | — |
| New company-operated restaurant openings | New“315 to 345” | — | — | — | — | — | — | — |
| New company-operated restaurant openings | New“315 to 345 new company-operated restaurant openings with over 80% having a Chipotlane” | — | — | — | — | — | — | — |
| New company-owned restaurant openings | — | New“315 to 345” | Reiterated“315 to 345” | Reiterated“315 to 345” | Reiterated“315 to 345” | — | — | — |
| Share of new company-owned restaurants with a Chipotlane | New“over 80%” | Reiterated“over 80%” | Reiterated“over 80%” | Reiterated“over 80%” | Reiterated“over 80%” | — | — | — |
| For FY2024 | ||||||||
| Comparable restaurant sales growth | New“mid to high-single digit range” | — | — | — | — | — | — | — |
| Estimated underlying effective full year tax rate | New“between 24% and 26%” | — | — | — | — | — | — | — |
| New company-operated restaurant openings | New“285 to 315” | — | — | — | — | — | — | — |
| New company-operated restaurant openings | New“285 to 315 new company-operated restaurant openings with over 80% having a Chipotlane” | — | — | — | — | — | — | — |
| Share of new company-owned restaurants with a Chipotlane | New“over 80%” | — | — | — | — | — | — | — |
| No period stated | ||||||||
| Long-term AUV goal | — | New“beyond $4 million” | — | — | — | — | — | — |
| Long-term restaurant count goal in North America | — | New“7,000” | — | — | — | — | — | — |
| Long-term target of restaurants in North America | New“7,000” | — | — | — | — | — | — | — |
| Restaurant count goal | — | — | New“7,000 restaurants in the U.S and Canada” | — | — | — | — | — |
| Restaurant count goal, U.S. and Canada | — | — | — | New“7,000 restaurants in the U.S and Canada” | — | — | — | — |
| Restaurant goal in the U.S. and Canada | — | — | — | — | New“7,000” | — | — | — |
| Share repurchase authorization | — | — | — | — | — | — | — | New“an additional $1.3 billion” |
Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.