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Posted by
Two Blokes Jul 27 -
Filed in
Stock
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Chipotle faces declining traffic due to consumer pushback against price hikes, leading to a mid-single-digit drop in visits over recent quarters. Despite management's efforts to highlight value and expand internationally, I see no near-term catalyst for recovery in fundamentals or sentiment. The stock's valuation remains steep, with a significant premium that has yet to unwind, making further downside likely in my view.
