CMG

CHIPOTLE MEXICAN GRILL INC

34.21^post+$0.39 (+1.15%)at close +$0.00 (+0.00%)

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as of 23:46:41 UTCnext report Oct 27 · 83d

Earnings Room‹ back to CMG

The report

fiscal Q3 2026 · from the company's notice

Oct 27after close83days out

Expected movement

market-implied · at the Aug 4 close

±17.8%is what the chain prices between now and the expiry below. Not a view we hold.

That span is 136days, so it covers the report plus the ordinary movement around it. The chain doesn't yet quote a second expiry we can separate the two with; the range narrows onto the report as it approaches.

expiry Dec 18 · first after the reportATM strike 34.4straddle 7.17ATM IV 43%× 0.85 straddle-to-rangespot 34.21

Blast radius

6 linked · N-PORT + EDGAR

If CMG moves ±17.8% over this report, these carry part of it. Fund rows are arithmetic on published holding weights — what an index fund does by construction. Company rows are ranked by disclosed tie strength.

XLYfundState Street Consumer Discretionary Select Sector SPDR ETF1.0% of the fund0.2%RSPfundInvesco S&P 500 Equal Weight ETF0.19% of the fund0.03%VUGfundVanguard Growth Index Fund0.15% of the fund0.03%VOOfundVanguard 500 Index Fund0.07% of the fund0.01%IVVfundiShares Core S&P 500 ETF0.07% of the fund0.01%SPYfundSPDR S&P 500 ETF Trust0.07% of the fund0.01%

Positioning

Butterfly Ladder

No options positioning captured for this ticker yet. Open interest settles once daily — check back after the next capture, or open this room again tomorrow.

The record

expected in pale · actual in full color

4/8reports moved further than the options market had pricedtypically ±7.6% realized vs ±7.4% priced

Jul 29 '26±6.5%→+12.5%×1.93

Apr 29 '26±8.6%→+3.0%×0.35

Feb 3 '26±8.8%→+1.9%×0.22

Oct 29 '25±8.7%→−18.2%×2.09

Jul 23 '25±5.3%→−13.3%×2.53

Apr 23 '25±7.1%→+1.6%×0.23

Feb 4 '25±6.9%→−2.6%×0.37

Oct 29 '24±7.4%→−7.9%×1.06

pale = implied the day beforeink = the next day's close× = realized ÷ implied

2-quarter memory

Q2 FY26 · reported 0.32 · rev $3.3B

record note

The note composes when the report lands. Nothing is written for a quarter that hasn't been read.