Chipotle Mexican Grill's Stock Gets Burned For Mixed Q4; Sales Slowdown To Continue, Analysts Say
Chipotle Mexican Grill reported mixed fourth-quarter results, with same-store sales of 5.4% missing consensus of 5.7% but unit development, margins and adjusted earnings coming in better than expected, Salera said in a note. The company opened 119 gross restaurants during the quarter, "modestly ahead of our proprietary unit tracker," he added.