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Chipotle store front New York
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Chipotle “Mexican Grill” is coming to Mexico for the first time in 2026

The chain is expanding into its fare’s homeland — something that rival Taco Bell has already failed to do twice.

Millie Giles

Anyone in Mexico that’s stumped as to where they could possibly go to get a taco or a burrito finally has an answer: Chipotle Mexican Grill is opening its first-ever outpost in the country, the company announced on Monday.

Step asada

The California-based chain said it will partner with Alsea — a Mexico City-based restaurant operator that has successfully brought brands like Starbucks, Chili’s, and the Cheesecake Factory to Latin America — to open a new location in Mexico in early 2026. In the press release, Chipotle confidently cited “familiarity with [their] ingredients” as a reason why the brand’s “classically-cooked” food will “resonate with guests in Mexico.” 

However, American takes on its southern neighbor’s cuisine don’t always hit in the Mexican market. Even Yum! Brands’ Taco Bell, the biggest Mexican restaurant chain in the US with over 8,000 locations, has twice tried — and twice failed — to open in the country.

Chipotle and Taco Bell sales chart
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Despite its failure in the home of its namesake fare, Taco Bell has still seen sales soar over the last decade, peaking at $17 billion last year. And while Chipotle isn’t quite at that level going into its southern expansion, it’s growing more quickly than its closest rival, with restaurant revenues up 15% year over year.

Fillings the gap

Though it’s opened more than 90 international units since 2008, including 58 locations in Canada and 20 in the UK, Chipotle has never expanded to the native land of many of its dishes. Now, though, could be the perfect time.

As prices of produce imported from Mexico to the US are expected to rise on President Trump’s 25% tariffs, Chipotle has been on a mission to find avocados from alternate sources to make its (famously not free) guacamole, along with many other imported ingredients. Opening restaurants in its primary supplying country not only keeps menu prices low in stores in that region, but could also help to hedge against higher costs domestically by staying close to the source, per Quartz.

Even with Chipotle’s prices surging in recent years, it seems that people keep coming back for the chain’s fresh, customizable creations — regardless of the fact that its burrito bowls and salads aren’t exactly what you’d get in Mexico. But, with Taco Bell serving as an example of a rapidly growing, rapidly modernizing chain that just couldn’t crack the Mexican market, time will tell whether Chipotle’s calidad will outshine its autenticidad among local consumers.

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eBay stock slumps on gloomy Q4 outlook despite solid Q3 earnings

Shares of eBay fell as much as 10.5% in premarket trading on Thursday morning after the company gave a lower-than-expected profit forecast for the important holiday shopping season.

The e-commerce giant reported solid numbers for the third quarter on Wednesday, with revenue up 9% as reported to $2.8 billion and gross merchandise volume rising 10% to $20.1 billion, topping the average analyst forecast of $19.4 billion, per Bloomberg.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

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