Government
Moorhead City Council candidate Sarah Opitz’s use of fire truck during parade goes to a hearing
By Diane Nguyen
Chipotle shares rise as burrito chain sharpens focus on traffic revival
Lila Johnson
Lila Johnson
Reporter · Fargo, ND
Lila Johnson is a seasoned business reporter with a background in finance, having graduated from the University of North Dakota. She has previously worked with local business journals and focuses on small business success stories and entrepreneurial initiatives.
More from Lila →Reporter · Thursday, October 29, 2026 at 9:56 AM · 1 min read
Oct 29 (Reuters) Chipotle Mexican Grill shares rose 7% in premarket trading on Thursday on signs CEO Scott Boatwright s efforts to bring back diners with new menu launches and a marketing push were paying off. The burrito chain expects to exit the current quarter with comparable sales up around 3% to 4%, from the 2.1% rise posted in the three months through September, executives said on a post-earnings call on Wednesday. Here are some details: • Earlier this week, the company said it was bringing back its smoked brisket for a limited period starting November 5, in time for the holiday and football season • Chipotle is countering costlier beef and higher freight charges from soaring diesel prices by raising menu prices by about 3% in the fourth quarter • Operating margin dropped to 13.7% in the third quarter from 15.9% a year earlier, and adjusted earnings per share of 27 cents missed estimates • We underappreciated Chipotle s willingness to sacrifice margin and invest
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