Will Chipotle say “Tariff”?

Chipotle did not say “Tariff” on its Jul 29, 2026 call (FY26 Q2); it said it on 5 of its last 8 calls: 0, 4, 8, 5, 4, 5, 0, 0 times. As of Oct 24, 2026, Chipotle said “Tariff” on 1 of 3 calls with a settled Kalshi mention market since Feb 3, 2026 (33%), most recently on Feb 3, 2026. Parrot’s p for the next listing is 57% (n=3, from settlement history blended with transcripts), not a forecast.

57%from settlement history blended with transcripts · n=3Next: Earnings call, Oct 28, 2026 · counts: company speakers + operator
Last 10
1/3Last 10 settled, oldest to newest: yes no no
Streak
not said the last 2 times
Counts
company speakers + operator
Market
27¢ Kalshi (may be delayed)
Updated

Where it was said

quotes of at most 25 words; select an appearance

Chipotle

Tariff

Probability
57% · n=3
Settled
1/3 (33%)
Last calls
said in 5 of 8

Next listing counts: company speakers + operator

FY26 Q2 earnings call, Jul 29, 2026 · not said

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FY26 Q1 earnings call, Apr 29, 2026 · not said

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FY25 Q4 earnings call, Feb 3, 2026 · said 5 times (counts)

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Counts: company speakers + operator

5 counted (5 in prepared remarks, 0 in Q&A).

Adam RymercompanypreparedIn transcript

…inflation, primarily in beef, and chicken, as well as the impact of tariffs. Tariffs impacted the quarter by about 30 basis points. For Q1, we…

Adam RymercompanypreparedIn transcript

…the benefit of carne asada ramping down, modest pricing leverage, and lower tariffs. With the recent removal of tariffs on beef and other agricultural goods,…

Every match in the transcript

FY25 Q3 earnings call, Oct 29, 2025 · said 4 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

4 counted (4 in prepared remarks, 0 in Q&A).

Adam RymercompanypreparedIn transcript

…December. Additionally, inflation is accelerating into the mid-single-digit range, primarily due to tariffs and rising beef costs, and we anticipate it will remain in this…

Adam RymercompanypreparedIn transcript

…inflation, primarily in beef and chicken as well as the impact of tariffs. Tariffs impacted the quarter by about 30 basis points, and we continue…

Every match in the transcript

FY25 Q2 earnings call, Jul 23, 2025 · said 5 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

5 counted (4 in prepared remarks, 1 in Q&A).

Adam RymercompanypreparedIn transcript

…better-than-expected benefit from cost of sales efficiencies and a lower impact from tariffs. Thanks to these efficiencies, which include both supply chain and in-restaurant initiatives,…

Every match in the transcript

FY25 Q1 earnings call, Apr 23, 2025 · said 8 times (counts)

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FY24 Q4 earnings call, Feb 4, 2025 · said 4 times (counts)

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FY24 Q3 earnings call, Oct 29, 2024 · not said

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Every settled listing

newest first · 3 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Jul 29, 2026TariffKalshiNo0
Apr 29, 2026TariffKalshiNo0
Feb 3, 2026TariffKalshiYes5

Questions

How many times did Chipotle say “Tariff” on its last earnings call?
Chipotle did not say “Tariff” on its Jul 29, 2026 call (FY26 Q2); it said it on 5 of its last 8 calls: 0, 4, 8, 5, 4, 5, 0, 0 times.
How often does Chipotle say “Tariff”?
As of Oct 24, 2026, Chipotle said “Tariff” on 1 of 3 calls with a settled Kalshi mention market since Feb 3, 2026 (33%), most recently on Feb 3, 2026.
What is the probability Chipotle says “Tariff” next time?
57%, from settlement history blended with transcripts (n=3). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Chipotle: ‘Tariff’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/CMG/words/tariff (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=chipotle&word=tariff · quotes: /api/v1/quotes?entity=chipotle&word=… · columnar JSON in #parrot-data · llms.txt · MCP