Buy CMG by Oct 5, 2026.

Chipotle's been in a genuinely rough stretch, ngl. Traffic declined for four straight quarters through the end of 2025, first annual same-store sales drop since 2016. Management's explanation was basically a broad consumer pullback hitting every income group, with lower-income diners cutting back hardest. Stock's down about 46% from its highs while the S&P was up double digits over that same stretch. Feels pretty on-theme for this sub honestly, another data point on how much pressure regular spending is under …