Chipotle slumps
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It declined by 14.4% today after posting Q2 earnings. Revenue grew 3% to $3.06 billion, narrowly missing the $3.11 billion consensus. Same-store sales fell 4% vs. the Street’s 2.9% decline forecast and a sharp step down from the 0.4% dip in Q1.
Chipotle Mexican Grill Inc. shares plunged after cutting its annual outlook for the second time this year, suggesting that honey chicken and burrito giveaways haven’t been enough to offset a traffic slump that the company attributed to economic anxiety.
Chipotle Mexican Grill is expected to report its second-quarter earnings after the bell on Wednesday. Here's what Wall Street analysts surveyed by LSEG are expecting the company to report:
Chipotle Mexican Grill (NYSE: CMG) is set to reveal its fiscal second quarter results on Wednesday, July 23, 2025.
Shares of Chipotle Mexican Grill dropped late Wednesday after the burrito-and-bowl chain scaled back its same-store sales outlook, again.
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Chipotle Mexican Grill has long held its place as a favorite option for hungry consumers and hungry investors. Check out my analysis of CMG stock here.
The fast-casual burrito chain, which thrived during the Great Recession and shrugged off the pandemic, is suddenly on the
Ozzy Osbourne called Chipotle his "favorite, favorite burrito joint" and was the first Celebrity Card recipient
Due to Chipotle Mexican Grill's focus on growth and innovation, 24/7 Wall St. projects huge upside on the stock through 2030.
Consumer confidence has not been great, according to Scott Boatwright. That means diners are spending less and looking for deals.