CMG

AI Research

Chipotle Comp Sales -2.5% Decline → Plans 350 New Stores, Q4 EPS $0.25 Beats Estimate

Chipotle reported a 2.5% decline in comparable restaurant sales for Q4 2025, reflecting consumer spending headwinds in fast casual dining, though Q4 EPS of $0.25 beat consensus estimates and the company announced plans to open 350 new stores in 2026. Analysts maintain a Buy consensus with an average price target of $56.69, citing Chipotle's long-term unit expansion opportunity and brand strength in the fast casual segment. Risks include continued comparable sales pressure if consumer spending weakens, restaurant labor cost inflation, and execution challenges in sustaining food quality at scale during rapid unit expansion.