Chipotle shares rise after co lifts annual sales forecast
BUZZ-Chipotle shares rise after co lifts annual sales forecast ** Shares of Chipotle Mexican Grill CMG.N up ~7% at $36.52 in aftermarket trading
** Co raises its annual sales forecast and beats second-quarter estimates as its push to roll out value deals and refresh its menu helped win back diners in a competitive environment
** Expects fiscal 2026 comparable restaurant sales growth to be in the low single-digit range, compared with prior forecast of about flat
** Q2 comparable restaurant sales were up 2.2%, while analysts estimated a 1.32% rise - data compiled by LSEG.
** Q2 adjusted profit at 33 cents per share compared to estimates of 32 cents per share
** As of last close, stock down 7% YTD
(Reporting by Koyena Das from Bengaluru)
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