Chipotle Mexican Grill, Inc. has suffered a sharp post-earnings decline, with shares down over 15%. Click here to read why CMG stock is a Hold.
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 ...
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 ...
Despite consumer pullback and a value advantage over fast casual competitors, CEO Scott Boatwright said “value as a price point is not and will not be a Chipotle strategy.” ...
Revenue missed estimates at $3B as traffic fell 0.8% for third straight quarter. Company cut 2025 forecast to negative sales ...
"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.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback