Chipotle shares rise after co lifts annual sales forecast
CMG•Stock performance
As of the last close, the stock was down 7% year to date.
Sales outlook and quarterly results
The company expects fiscal 2026 comparable restaurant sales growth to be in the low single-digit range, compared with a prior forecast of about flat.
Second-quarter comparable restaurant sales were up 2.2%, while analysts estimated a 1.32% rise, according to data compiled by LSEG.
Adjusted profit for the quarter was 33 cents per share, compared with estimates of 32 cents per share.
Chipotle shares rise after forecast increase
Shares of Chipotle Mexican Grill CMG.N were up about 7% at $36.52 in aftermarket trading after the company raised its annual sales forecast and beat second-quarter estimates as its push to roll out value deals and refresh its menu helped win back diners in a competitive environment.
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