{
  "id": 14892506,
  "title": "Here's What History Says Q4 Will Bring for Chipotle (CMG) Stock",
  "url": "https://urgent.news/2026/10/16/heres-what-history-says-q4-will-bring-for-chipotle-cmg-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T06:30:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/16/history-says-q4-chipotle-cmg-stock/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Chipotle Mexican Grill (CMG) has been a pioneer in the fast-casual dining industry, known for fresh, customizable food, fast service, and reasonable prices. However, in the fourth quarter of 2022, the stock price fell by over 4% and is now down 18% from its June 2024 record high. This follows a pattern of single-digit declines in Q4s of 2021, 2022, 2024, and 2025, but double-digit gains in 2020 and 2023. So far in 2026, the stock has fallen more than 50% since the summer of 2024, when it traded at a P/E ratio of 73.2, which was extremely high given the strong net income growth. Weak industry conditions and higher costs due to inflation have hurt profitability, with same-store sales declining 1.7% in 2025, but improving to gains in Q1 and Q2 of 2026. To turn things around, Chipotle has been investing in menu enhancements, in-store dining experience, digital reach, and marketing. Despite being more attractive with a P/E ratio near a 10-year low, the stock still has to compete with high-growth artificial intelligence stocks and faces slower earnings growth expectations of just 8.6% per year from 2025 to 2028.",
  "summary": "With shares trading 56% off their peak, investors hope the rest of this year tells a different story.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Here's What History Says Q4 Will Bring for Chipotle (CMG) Stock",
        "url": "https://urgent.news/2026/10/16/heres-what-history-says-q4-will-bring-for-chipotle-cmg-stock-14907812",
        "published": "2026-10-16T06:50:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}