Chipotle Mexican Grill’s stock surged 6.34% in post-market trading on Wednesday, following the release of the company’s second-quarter fiscal 2026 earnings report. The results exceeded Wall Street expectations, driven by strong revenue growth and an improved full-year sales outlook.

The burrito chain reported adjusted earnings per share of $0.33, beating the consensus estimate of $0.32. Revenue rose 9.3% year-over-year to $3.35 billion, slightly above the analyst forecast of $3.33 billion. Comparable restaurant sales grew 2.2%, fueled by a 1.0% increase in transactions and a 1.2% rise in the average check, indicating balanced growth from both customer traffic and spending.

Additionally, management raised its annual comparable sales forecast to the low single-digit range, up from a prior expectation of roughly flat results. This positive guidance, along with the announcement of a new $1.3 billion share repurchase program, helped boost investor confidence and outweighed concerns about a softening in traffic during the second half of July tied to a cyclospora outbreak. The company emphasized that it does not use the lettuce products linked to the outbreak, further reassuring investors.