Chipotle stock just suffered its worst day in 10 years. The Q3 earnings flop sent shares crashing 13%. Sales growth stalled, prices bit back, and younger customers pulled away. Inflations squeeze is ...
Chipotle eaters may not be too thrilled the next time they head to their nearest location: the Denver-based company has raised its prices by about 25 cents per item — bringing chicken tacos and ...
The fast-casual restaurant chain, which relies heavily on young diners, has cut its sales forecasts multiple times this year.
By Savyata Mishra and Akriti Shah (Reuters) -Shares of Chipotle Mexican Grill and Starbucks slumped in premarket trading on Thursday, as fresh warnings about weak demand and rising input costs ...
"Progress is coming at the expense of significant margin erosion though, so while encouraging, it's also pushing the earnings recovery further (and further) to the right," Saleh said. In a reflection ...
CMG stock's 25% slide reflects slowing traffic and consumer strain, as it doubles down on loyalty, menu innovation and ...
Chipotle's menu innovation was not enough to lure in customers that are being pickier during the third quarter.
President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay. Yet for Chipotle ...
Chipotle shares are trading lower Thursday after the company reported mixed third quarter financial results and forecasted low single-dit declines in comparable restaurant sales for 2025.
Shares of Chipotle Mexican Grill fell sharply by 19% following a sales forecast cut, raising concerns about economic conditions, tariffs, and consumer spending habits. As fast-food competitors benefit ...
On Chipotle's Q3 earnings call, the CFO revealed that its target consumer market is scaling back spending, sending other slop bowl stocks down.
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