Chipotle stock tumbles after chain cuts same-store sales forecast
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Shares of Chipotle have fallen 13% this year, dragging its market cap down to $71.1 billion.
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July 23, 2025
08:24 PM
CNBC
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The re indicates that Interestingly, Interestingly, Chipotle cut its forecast for same-store sales growth for the full year after its quarterly revenue fell short of estimates
The burrito chain's traffic fell 4
Moreover, Conversely, 9% in the second quarter
Conversely, The company's earnings were in line with expectations
In this articleCMG your favorite stocksCREATE FREE ACCOUNTA Chipotle restaurant in San Francisco on Jan
David Paul Morris | Bloomberg | Getty ImagesChipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter, in today's market environment
However, The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior jection of a low-single digit percentage increase
Chipotle trimmed its same-store sales outlook for the second consecutive quarter
S of the company fell 9% in ext trading, in today's market environment
Furthermore, Here's what the company reported for its second quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per : 33 cents adjusted, in line with expectationsRevenue: $3
On the other hand, 06 billion vs. 11 billion expectedChipotle's net sales rose 3% to $3
Additionally, Nevertheless, 06 billion, thanks to its new restaurants
Moreover, But the company's same-store sales shrank 4%, steeper than last quarter's decline of 0 (quite telling) (noteworthy indeed), amid market uncertainty
On the other hand, 4% and StreetAccount estimates of a 2 (something worth watching). 9% decrease for the second quarter (this bears monitoring), in light of current trends
Average check increased roughly 1%, partially offsetting traffic declines of 4
Last year, Chipotle outpaced the rest of the restaurant industry, bucking a trend of sluggish sales and traffic declines
But by the end of December, the company started seeing softer sales, which executives chalked up to the timing of Christmas and New Year's Eve
Then came bad weather in January, including wildfires in California, and a broader consumer pullback in February
During the company's first-quarter earnings call, CEO Scott Boatwright said diners' concerns the economy led them to skip restaurant visits and their money instead
Moreover, Chipotle reported second-quarter net income of $436. 1 million, or 32 cents per, down from $455. 7 million, or 33 cents per, a year earlier
Moreover, Excluding impairment charges, legal costs and other items, the company earned 33 cents per
Chipotle reiterated its forecast that it would open between 315 and 345 new restaurants this year
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