Will Chipotle say “Wage Inflation”?
Chipotle said “Wage Inflation” 2 times on its Jul 29, 2026 call (FY26 Q2), and on each of its last 8 calls: 3, 3, 2, 2, 2, 3, 2, 2 times. As of Oct 24, 2026, Chipotle said “Wage Inflation” on the only call with a settled Kalshi or Polymarket mention market so far, on Oct 29, 2025. Parrot’s p for the next listing is 84% (n=1, from settlement history blended with transcripts), not a forecast.
- Last 10
- 1/1Last 10 settled, oldest to newest: yes
- Streak
- said last time
- Counts
- company speakers + operator
Where it was said
quotes of at most 25 words; select an appearance
Chipotle
Wage Inflation
- Probability
- 84% · n=1
- Settled
- 1/1 (100%)
- Last calls
- said in 8 of 8
Next listing counts: company speakers + operator
Counts: company speakers + operator (not listed here; the usual rule)
2 counted (2 in prepared remarks, 0 in Q&A).
…30 basis points from last year. The increase was primarily driven by wage inflation and performance bonuses, in addition to labor execution in restaurants as…
…expect our labor costs to be in the mid 25% range, with wage inflation in the low single-digit range. Other operating costs for the quarter…
Counts: company speakers + operator (not listed here; the usual rule)
2 counted (2 in prepared remarks, 0 in Q&A).
…about 70 basis points from last year. The increase was driven by wage inflation, lower average restaurant sales volumes, and higher benefits expense, including performance-based…
Counts: company speakers + operator (not listed here; the usual rule)
3 counted (2 in prepared remarks, 1 in Q&A).
…and lower performance-based bonuses were more than offset by lower volumes, and wage inflation. For Q1, we expect our labor cost to be in the…
…France is a tough one, I'll be honest with you, because of wage inflation, because of occupancy costs. It's not to say we don't like…
Every settled listing
newest first · 2 shown| Date | Listed as | Venue | Result | Our count |
|---|---|---|---|---|
| Oct 29, 2025 | Wage Inflation |  Polymarket | Yes | 2 |
| Oct 29, 2025 | Wage Inflation |  Kalshi | Yes | 2 |
Questions
- How many times did Chipotle say “Wage Inflation” on its last earnings call?
- Chipotle said “Wage Inflation” 2 times on its Jul 29, 2026 call (FY26 Q2), and on each of its last 8 calls: 3, 3, 2, 2, 2, 3, 2, 2 times.
- How often does Chipotle say “Wage Inflation”?
- As of Oct 24, 2026, Chipotle said “Wage Inflation” on the only call with a settled Kalshi or Polymarket mention market so far, on Oct 29, 2025.
- What is the probability Chipotle says “Wage Inflation” next time?
- 84%, from settlement history blended with transcripts (n=1). 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: ‘Wage Inflation’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/CMG/words/wage-inflation (CC BY 4.0)
Agents: this page as TSV at /api/v1/word?entity=chipotle&word=wage%20inflation · quotes: /api/v1/quotes?entity=chipotle&word=… · columnar JSON in #parrot-data · llms.txt · MCP