Chipotle Mexican Grill's stock experienced a significant pre-market plunge of 6.03% on Wednesday, extending losses from the previous trading session.
The sharp decline followed the company's release of its fourth-quarter 2025 financial results after the bell on Tuesday. While Chipotle reported quarterly revenue and adjusted earnings per share that slightly exceeded analyst expectations, investors reacted negatively to the company's conservative outlook for 2026.
Chipotle expects comparable restaurant sales to be "about flat" for the full year 2026, falling well below Wall Street's expectation of approximately 1.7% growth. This guidance reflects ongoing concerns about consumer spending pullback, particularly among lower-income households facing economic uncertainty and persistent inflation pressures on basic commodities.

