Chipotle stock tumbles 9% after chain cuts same-store sales forecast
Publishing timestamp: 2025-07-23 19:30:01
Summary
Chipotle cut its same-store sales growth forecast for the year after a decline in traffic for the second quarter. Despite the decrease, the company believes sales trends are turning around and expects to return to positive same-store sales growth in the long term.
Sentiment: MIXED
Tickers: CMG,
Keywords: business news, breaking news: business, restaurants, breaking news: earnings, chipotle mexican grill inc, scott boatwright, business, earnings, markets, retail industry, breaking news: markets,
Source: https://www.cnbc.com/2025/07/23/chipotle-mexican-grill-cmg-q2-2025-earnings.html