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Chipotle stock sinks as sales fall again

Chipotle aims to offset a 1.7% sales decline and rising costs by increasing menu prices 1-2% while targeting higher-income digital-native customers, CFO said.

Summary by KTLA 5
Newport Beach-based Chipotle Mexican Grill is taking a hit on Wall Street after reporting its fourth consecutive quarter of declining sales on Tuesday. The fast-casual burrito chain saw same-store sales drop 2.5% for the quarter and 1.7% year over year. It also projected flat sales in 2026, which sent shares tumbling as much as 11% [...]

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Reuters broke the news in United Kingdom on Tuesday, February 3, 2026.
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