Chipotle Mexican Grill reported a strong first-quarter revenue of $3.1 billion, marking a 7.4% year-over-year increase, despite only a 0.5% rise in same-store sales. The company opened 49 new locations, including 42 with Chipotlanes, as it prioritizes addressing customer concerns over pricing. Stock performance remains volatile, with analysts split on future prospects, as some raise price targets while cautioning against flat sales growth expectations for the remainder of 2026.
“In 2016, Ackman began investing in Chipotle Mexican Grill, and the company was among Pershing Square's top holdings from 2017 to 2024.”
“Chipotle Mexican Grill · rose · stock price · more than 4%”
“Chipotle · requires · returning to its mid-2025 levels · $60 per share”
“CMG · has returned · 292% · over the past decade”
“Chipotle's revenue · rose · year over year · 7.4%”
“Chipotle's revenue · amounted to · in the first quarter · $3.1 billion”
“Chipotle opened · company-owned stores · in total · 49”
“Chipotle's total locations · were · as of March 31 · 4,090”
“Forty-two of these new stores · featured · Chipotlane · drive-throughs”
“Chipotle maintained · its projection of · full-year comparable restaurant sales · flat”
“Chipotle · is taking · consumer complaints about food pricing · more seriously”
“Chipotle Mexican Grill, Inc. · posted · first-quarter 2026 results · earnings in line with the Zacks Consensus Estimate and revenues beating the same”
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