Chipotle Reports Q4 Earnings Above Estimates, Flags Ongoing Traffic Declines

Chipotle Mexican Grill reported Q4 earnings of $0.25 per share, beating estimates, but revenue of $2.98bn was in line with expectations. Comparable restaurant sales fell 2.5%, marking the fourth consecutive period of declining traffic. The company opened 132 company-owned restaurants in Q4 and expects flat comparable restaurant sales growth in 2026. Chipotle also introduced its "Recipe for Growth" strategy to improve operations and drive transactions.