Key Takeaways Chipotle's Q2 restaurant-level margin fell to 27.4% from 28.9% on higher costs and softer volumes.New planchas, rice cookers, fryers and slicers aim to boost prep speed, consistency and throughput.Chipotle sees growth potential in catering and 40% flow-through on incremental transactions.Chipotle Mexican Grill, Inc. (CMG) continues to face margin pressure even as efficiency initiatives gain traction. In the second quarter of 2025, restaurant-level operating margin declined to 27.4% from 28.9% ...