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Chipotle Mexican Grill cuts annual comparable sales growth target, shares drop
UNITED STATES, JUL 23 – Chipotle cut its full-year same-store sales growth forecast to flat after a 4% sales decline and 4.9% drop in customer traffic for the second straight quarter, shares fell 9%.
- On Wednesday, Chipotle Mexican Grill cut its forecast for same-store sales growth to `about flat`, Chipotle said and its shares fell 9% in extended trading.
- Chipotle reported transaction and sales mix shifts, with customers opting for lower-priced meats, Adam Rymer said, driving a 4% decline in comparable sales.
- Second-Quarter revenue of $3.06 billion missed estimates, digital sales represented 35.5% of revenue, and the company opened 61 restaurants with 47 Chipotlanes.
- On July 24, 2025, Chipotle Mexican Grill shares dropped 11.8% premarket as investors weighed future guidance, Colin Cieszynski said.
- Between 315 and 345 restaurant openings, Chipotle Mexican Grill plans to expand in 2025 and does not expect same-store sales growth until the second half, executives said.
27 Articles
27 Articles
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Chipotle’s CEO just shared the reason why sales have been down. Many fast food fans will relate
Chipotle Mexican Grill announced its second-quarter financial results on Wednesday, July 23, and the news isn’t great. The fast casual restaurant chain failed to reach its quarterly sales estimates and reduced its targeted annual sales growth. Chipotle reported net income of $436.1 million (32 cents per diluted share), a decrease from $455.7 million (33 cents per diluted share) year-over-year (YOY). In premarket trading, Chipotle’s stock price …
Chipotle Mexican Grill falls as weak dine-out demand weighs on annual sales forecast
Chipotle Mexican Grill’s shares slumped about 10 per cent before the bell on Thursday, as weak consumer spending on dining out led to a bigger-than-expected fall in quarterly sales and caused the bowls and burritos maker to temper its annual sales target.
Business Insider
DNyuzChipotle customers are eating less beef — and going for this protein instead
A Chipotle exec said the chain is seeing more customers switch to lower-priced meats.Brandon Bell/Getty ImagesAt Chipotle, chicken is now the meat of choice over beef.The chain's finance chief said more Chipotle customers are switching to lower-priced proteins.Chicken is becoming the most popular protein in the US, and fast food chains are leaning in.Chicken is winning over beef at Chipotle.In a second-quarter earnings call on Wednesday, the bur…
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