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Chipotle CEO warns 'the consumer is sitting on the sideline' after chain reports decline
According to Fortune, Chipotle CEO Scott Boatwright pointed to cautious consumers when speaking to investors after the chain ...
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 ...
Stocktwits on MSN5h
Chipotle Gets 'Hold' Downgrade On Soft Revenue, Consumer Uptake: Retail Very Optimistic
Shares of Chipotle Mexican Grill (CMG) fell 1.7% on Monday, after investment firm Argus lowered its rating on the company, ...
Restaurant Business Online4d
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.
Consumers are so stressed by the economy they’re doing less laundry to save on detergent
“Saving money because of concerns around the economy was the overwhelming reason consumers were reducing the frequency of ...
Food Business News22h
Consumer uncertainty impacting Chipotle’s bottom line
NEWPORT BEACH, CALIF. — Despite an increase in first-quarter revenue compared to the same period last year, Chipotle Mexican Grill has seen a drop in comparable sales at its restaurants, which the ...
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 ...
Big brands are officially worried about American shoppers
Makers of our food and home essentials, including Pepsi and Procter & Gamble, are cutting their financial forecasts for the ...
Restaurant Business Online5d
Chipotle same-store sales turn negative for first time since 2020
It was a tough first quarter for the fast-casual chain, which was blamed on slower consumer spending. CEO Scott Boatwright ...