Chipotle's Q4 2025: Traffic Falls for a Fourth Straight Quarter as the Post-Niccol Era Takes Shape
Chipotle's Q4 2025 results tell a split story: revenue grew 4.9% to $2.98 billion on the strength of new unit openings, but same-store sales fell 2.5% and traffic declined for a fourth consecutive quarter. The chain now projects flat comps for 2026.