Chipotle stock sinks after company reports Q4 same-store sales drop 2.5%, forecasts no sales growth in 2026
Chipotle (CMG) stock fell almost 6% before the bell on Wednesday after reporting on Tuesday that its same-store sales fell in the fourth quarter and told investors it expects no sales growth in 2026 as the company continues to navigate economic pressure on its core customer and a decline in traffic. In the fourth quarter, same-store sales fell 2.5%, less than the 2.9% Wall Street expected, according to Bloomberg estimates. Higher menu prices offset lower transactions. In a statement, CEO Scott Boatwrig ...