Why Chipotle Stock Popped Today

Chipotle Mexican Grill's stock surged 12.5% after the company reported 9.3% revenue growth to $3.3 billion in Q2, driven by new restaurant openings and strong digital sales (38.3% of revenue). The company raised its full-year same-store sales guidance to low-single-digit growth and plans to open 350-370 restaurants in 2026. However, higher beef, freight, and labor costs pressured profit margins.