Chipotle Primed to End Its Slump

Dow Jones07-13 21:51

0951 ET - Chipotle Mexican Grill is finally ready to put six straight quarters of negative earnings revisions in the rear view, Oppenheimer analysts Brian Bittner and Michael Tamas say in a research note. Their analysis suggests the downward cycle ends with its earnings update later this month. The chain is due for improved sales trends exiting 2026 with better traffic traction, some comparable sales drivers and a more impactful pricing strategy, the analysts say. High-efficiency equipment upgrades meant to improve food consistency and quality should be accretive as well, they say. Margins are also now well-positioned for the first time since 2024, the analysts say, reiterating their outperform rating. Shares rise 3% to $36.29. (dean.seal@wsj.com)

 

(END) Dow Jones Newswires

July 13, 2026 09:51 ET (13:51 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment