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Chipotle Mexican Grill (CMG) trades at about 28.4 times its trailing adjusted earnings, the basis that adds stock-based compensation back to normalized net income. That is a steep price for a chain whose existing restaurants are guided to low single-digit sales growth for 2026. On what analysts expect Chipotle to earn by 2027, the same price is about 24.1 times. Those forward multiples sit on analyst-consensus earnings, which are not defined the same way as the trailing adjusted figure, so part

Chipotle Mexican Grill stock is valued above the market on earnings while running a thinner margin, and the growth paying for that gap now comes mostly from opening restaurants.

Wall Street finally got a taste of Blackstone-backed Jersey Mike’s, yet the first bite looked hesitant. What’s next for JMKE?

The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk’s SpaceX.

The restaurant group has also appointed Arlie Sisson as its new chief digital officer.