Chipotle Mexican Grill, Inc. (NYSE: CMG) has been one of the best-performing restaurant stocks over the past decade, but the past year has been more volatile. After hitting an all-time high last summer, the stock failed to push higher and is now down 20% from its December peak. Investors have been watching closely to see whether this is just a temporary setback or a sign that growth is slowing.
The most recent earnings report in early February did not help sentiment. While the results were mostly in line with expectations, revenue came in $30 million below estimates, and margins failed to show consistent improvement.
