economy

February 3, 2026

Chipotle stock sinks as restaurant chain reports falling traffic, weak guidance

Chipotle stock has fallen about 33% over the last year, dragging the company's market value down to about $51 billion.

Chipotle stock sinks as restaurant chain reports falling traffic, weak guidance

TL;DR

  • Chipotle reported quarterly earnings and revenue exceeding analyst expectations.
  • Restaurant traffic fell for the fourth consecutive quarter.
  • The company projects flat same-store sales growth for 2026.
  • Shares dropped in extended trading.
  • For the quarter, same-store sales fell 2.5%, which was better than the anticipated 3% decrease.
  • Traffic declined by 3.2%.
  • Chipotle is focusing on operational improvements and new menu items, like 'protein cups', to attract customers.
  • The company opened 139 new locations during the quarter.
  • Chipotle plans to open 350 to 370 new restaurants in 2026.

Continue reading the original article

Made withNostr