T. Rowe Price reported that assets under management climbed to $1.78 trillion as of December 31, 2025, driven by a steady inflow into its retirement-focused strategies, which account for roughly two-thirds of the portfolio. Net new client flows accelerated in the fourth quarter, with retirement-related products attracting $12 billion over the final three months. The firm’s independent research platform and selective equity and fixed-income allocations helped it outperform industry-average inflows, underscoring the strength of its distribution network and digital adviser tools.

Chipotle achieved full-year revenue of $11.9 billion in 2025, up 5.4% year-over-year, driven by the opening of 334 company-owned restaurants, including 257 featuring drive-through lanes, and 11 international partner locations. Comparable same-store sales declined 1.7%, reflecting a 2.9% drop in transactions partially offset by a 1.2% rise in average check. The restaurant-level operating margin narrowed to 25.4% from 26.7%, as higher labor costs and tariffs on ingredients weighed on profitability. The company repurchased $2.4 billion of stock and ended the year with a robust pipeline of new openings.

Industrial supplier Grainger reported full-year sales of $17.9 billion, up 4.5% on a reported basis and 4.9% on a daily, organic constant-currency basis. Operating margin on an adjusted basis was 15.0%, down 50 basis points as tariff-related cost increases and unforeseen healthcare expenses offset benefits from mix and productivity gains. The company generated $2.0 billion in operating cash flow, invested $684 million in capital projects and returned $1.5 billion to shareholders via dividends and buybacks. Guidance for 2026 calls for 6.5%–9.0% daily organic sales growth and continued margin expansion.