Chipotle (CMG) “Stopped Executing Well,” Says Jim Cramer

Core Viewpoint - Chipotle Mexican Grill, Inc. (NYSE:CMG) has experienced a significant decline in its stock price, losing 47% year-to-date, with a notable drop of 19% following its third-quarter earnings report, indicating specific execution issues rather than broader economic challenges [2][3]. Company Performance - The stock of Chipotle Mexican Grill, Inc. has fallen 47% year-to-date, with a 19% drop after the latest earnings report [2]. - Jim Cramer highlighted that the company's struggles are not reflective of the overall restaurant industry, suggesting that the issues are specific to Chipotle [2]. Management and Strategy - Jim Cramer noted that Chipotle has "stopped executing well," indicating a need for improved operational performance [3]. - The company previously underwent a successful turnaround under CEO Brian Niccol, who was brought in from Taco Bell, leading to a significant stock price increase from $5 to $56 during his tenure [3].