Chipotle Shares Drop After Earnings Report Shows Falling Customer Traffic

Chipotle Mexican Grill reported its financial results for the fourth quarter and full year of 2025. The company said its total revenue for 2025 rose 5.4% to $11.9 billion, boosted by opening new restaurants.

Despite overall revenue growth, customer traffic to Chipotle's restaurants fell for the fourth straight quarter. Same-store sales, which measure sales at locations open at least a year, also dropped.

Chipotle's earnings and revenue were higher than analysts expected. However, the company's outlook for growth in the coming year was weaker than expected, causing its stock price to fall 11%.

In response, Chipotle announced a new plan called 'Recipe for Growth' focused on increasing customer transactions and improving service after a year where its stock slid by 34%.

Chipotle's stock dropped because customer traffic continued to decline and its outlook for the coming year disappointed investors, despite revenue and earnings beating analyst expectations.

Chipotle increased its revenue mainly by opening new restaurants, even though existing locations saw fewer customers.

It's a new strategy aimed at bringing in more customers and improving speed and accuracy in service.

Barrons

Chipotle reports earnings after shares slid 34% in a year. Investors are watching closely for signs that customer traffic and pricing pressures are stabilizing.

CNBC

Chipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, although traffic to its restaurants fell for the fourth straight quarter.

PRNewsWire

LAUNCHES "RECIPE FOR GROWTH" STRATEGY TO GROW TRANSACTIONS AND DRIVE ACCURACY, EFFICIENCY AND SPEED FULL YEAR TOTAL REVENUE INCREASED 5.4% TO $11.9 BILLION NEWPORT BEACH, Calif., Feb. 3, 2026 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its fourth qua...

WSJ

New restaurant openings helped boost the fast-casual chain's revenue in the latest quarter, even as same-store sales fell.

Market Watch

Shares of Chipotle Mexican Grill Inc. fell sharply after hours on Tuesday, after the fast-casual Mexican chain's same-store outlook came in below expectations, and the company outlined steps it planned to take to regain growth.

Benzinga

Chipotle Mexican Grill Inc (NYSE: CMG) reported financial results for the fourth quarter Tuesday after the bell. Here's a rundown of the report.

CNBC Television

Chipotle on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, although traffic to its restaurants fell for the fourth straight quarter.

Zacks Investment Research

Chipotle Mexican Grill (CMG) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.25 per share a year ago.

Zacks Investment Research

Although the revenue and EPS for Chipotle (CMG) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Business Insider

Chipotle will raise menu prices between 1% and 2% across the board this year. CEO Scott Boatwright said Chipotle's core customers probably won't be turned off by the increase.

Seeking Alpha

Chipotle Mexican Grill, Inc. (CMG) Q4 2025 Earnings Call Transcript

The Motley Fool

Leading up to its earnings report on Tuesday afternoon, Chipotle stock had risen more than 30% from lows in November. The company's comparable restaurant sales turned negative again in Q4.

Reuters

Chipotle Mexican Grill said on Tuesday it expected to raise menu prices this year as it wrestled with higher raw material costs and a tough labor market, and forecast margins would remain under pressure as customers pulled back on dining out amid ongoing economic uncertainty.

Benzinga

Chipotle Mexican Grill Inc (NYSE: CMG) reported upbeat financial results for the fourth quarter Tuesday after the bell.

Schaeffers Research

Chipotle Mexican Grill (NYSE:CMG) shares are down 4.3% to trade at $37.48 at last check, after its same-store sales fell on minimal transactions and forecast the key metric to remain flat for 2026.

Proactive Investors

Chipotle Mexican Grill Inc (NYSE:CMG) reported quarterly earnings and revenue that modestly exceeded Wall Street expectations, but the fast casual Mexican chain said restaurant traffic continued to decline and projected flat same-store sales growth for 2026. The company posted adjusted earnings of $...

Schaeffers Research

Chipotle Mexican Grill (NYSE:CMG) shares are up 0.8% to trade at $37.48 at last check, after after company surpassed analyst estimates with reported earnings of 25 cents per share and revenue of $2.98 billion for the fourth quarter.