Pivotal-Point Tracking Chipotle Mexican Grill (CMG): Fast-food chain opens 84 new locations and scores with "Chipotlanes"

Chipotle Mexican Grill operates over 4,200 restaurants serving Mexican specialties such as burritos and tacos. On October 29, the stock rose after the third-quarter 2026 numbers were released. Revenue increased by 9.6% year-on-year to $3.29 billion, driven by growth in store openings and a 2.1% increase in same-store sales. The adjusted earnings per share was $0.27. The company opened 84 new locations during the quarter. For the full year 2026, management confirms the target of 350 to 370 new openings. Chipotle benefits from two key pillars. First,...