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Morningstar

Morningstar

•

Nov 05, 2026

Chipotle Mexican Grill, Inc.: Chipotle Earnings: Traffic Remains Above Water Amid Prudent Investment Despite Challenging Backdrop

Symbols

CMG

Sector(s)

Consumer Cyclical

Rating

Current Price

34.43

Fair Value

Economic Moat

Stewardship

Summary

Chipotle is a leading fast-casual, Mexican-inspired restaurant chain operator, generating $11.9 billion in sales across 3,983 company-operated US locations, 104 international units primarily in Canada and Europe, and 14 licensed stores largely operated in the Middle East at the

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