Chipotle Mexican Grill Shares Drop Eight Percent After Weak Fiscal 2026 Sales Forecast
Chipotle expects flat same-store sales in 2026 as budget-conscious consumers pull back. Shares fell about 8 percent today despite a quarterly revenue beat.
Insights:
Chipotle Mexican Grill, Inc. forecast on Tuesday that its same-store sales for fiscal 2026 would be approximately flat, falling below expectations from Wall Street analysts and triggering a sell-off. Following the announcement on February 3, 2026, Chipotle shares were down about 8% after the bell as the market digested the cautious guidance.
