0951 ET - Chipotle Mexican Grill is finally ready to put six straight quarters of negative earnings revisions in the rear view, Oppenheimer analysts Brian Bittner and Michael Tamas say in a research note. Their analysis suggests the downward cycle ends with its earnings update later this month. The chain is due for improved sales trends exiting 2026 with better traffic traction, some comparable sales drivers and a more impactful pricing strategy, the analysts say. High-efficiency equipment upgrades meant to improve food consistency and quality should be accretive as well, they say. Margins are also now well-positioned for the first time since 2024, the analysts say, reiterating their outperform rating. Shares rise 3% to $36.29. (dean.seal@wsj.com)

(END) Dow Jones Newswires

July 13, 2026 09:51 ET (13:51 GMT)

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