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00:02Chipotle Mexican Grill reported fourth quarter results on Tuesday that topped Wall Street
00:07expectations, while restaurant traffic declined for the fourth consecutive quarter,
00:11according to CNBC. The company reported adjusted earnings of $0.25 per share on $2.98 billion in
00:18revenue, beating estimates. Net income totaled $330.9 million, down slightly from a year earlier.
00:26Same-store sales fell 2.5%, while traffic dropped 3.2%. Chipotle ended 2025 with a 1.7% full-year
00:35same-store sales decline and projected flat same-store sales growth for 2026.
00:41The company expects to open 350 to 370 new restaurants in 2026, including 10 to 15 international
00:49locations operated by licensees. Shares fell as much as 11% in extended trading.
00:54For all things money, visit Benzinga.com.
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