News

Chipotle CEO warns ‘the consumer is sitting on the sideline,’ leading to the chain’s first same-store sales decline since 2020
For the first time since 2020, Chipotle saw a decrease in quarterly same-store sales. CEO Scott Boatwright pointed to ...
Chipotle is seeing a ‘slowdown' in consumer spending as 2025 gets off to a rough start
The spring months typically kick off what Chipotle calls "burrito season" — the busiest time of the year for the chain, from ...
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Chipotle on sales downturn: It's not us. It's them
The slowdown in consumer spending is to blame for negative same-store sales in the first quarter for the fast-casual chain.
Can Chipotle succeed in Mexico, where Taco Bell failed?
Taco Bell made two failed attempts to sell its American version of Mexican food to actual Mexicans. Here’s why Chipotle may ...
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Despite Dip in Sales, Chipotle CEO Says Brand ‘Has Never Been Stronger’
Chipotle’s same-store sales turned negative for the first time since 2020, and economic uncertainty is the primary culprit. A ...
Chipotle lowers sales forecast as tariff uncertainty curbs dining out
Chipotle Mexican Grill tempered its annual comparable sales growth forecast on Wednesday as the Trump administration's ...
Chipotle sales slump as recession fears hit burrito chain: ‘Consumers were saving money’
While Chipotle has thus far benefited from menu innovation and optimizing kitchen operations, the company could face some ...
Chipotle’s Sales Miss Points to Weakening Consumer Sentiment
Chipotle Mexican Grill Inc.’s first-quarter sales missed estimates and the company lowered its outlook for the full year, ...
Chipotle: Wall Street is bullish, but it's a 'show me' story
Chipotle (CMG) recorded its first decline in same-store sales since 2020, while transactions saw their most significant ...
CMG Earnings: Chipotle Mexican Grill Posts Mixed Results as Consumer Spending Slows
Restaurant chain Chipotle Mexican Grill (CMG) has reported mixed quarterly financial results and warned of a slowdown in ...
Chipotle Mexican Grill Tempers Annual Comparable Sales Growth Forecast
(Reuters) - Chipotle Mexican Grill on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and ...
New chicken cutlet sandwich shop in Boston is like ‘Chipotle for Italians’
The Boston sandwich shop, which opened on Friday, April 25, makes Michelle Varano’s famous chicken cutlets the star of the show. And while Marina Varano says every Italian claims their mother is the ...