News

Chipotle Mexican Grill, Inc. (CMG) Q1 2025 Earnings Call Transcript
Chipotle Mexican Grill, Inc. ( NYSE: CMG) Q1 2025 Earnings Conference Call April 23, 2025 4:30 PM ET Cindy Olsen - Head of Investor Relations and Strategy Scott Boatwright - Chief Executive Officer ...
Chipotle CEO has no plans to raise prices as the chain struggles with sales amid consumer pullback
In an interview with Yahoo Finance, CEO Scott Boatwright said it does not plan to raise prices "anytime in the near future" ...
Chipotle is latest to raise the alarm about spending slowdown
Chipotle’s same-restaurant sales headed south in the first quarter, dashing Wall Street hopes of growth above 1%.
Chipotle Sees Dip in Visits as Diners Tighten Wallets
Despite the downward trend in consumer spending, Boatwright tried to instill confidence in investors claiming, "that the ...
Fast-casual Mexican restaurant in Severna Park shuts down after 6 years
The Severna Park location of Café Rio, a fast-casual Mexican restaurant chain, has closed down. Signs posted in the ...
Chipotle shares drop as it reports first same-store sales decline since the pandemic
"Based on our forecast, we will return to positive transactions in the second half of the year," Boatwright said. The company ...
Restaurant Business Online3h
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 ...
Chipotle’s Sales Suffer as Economic Anxiety Sparks Spending Drop
Chipotle Mexican Grill Inc. lowered its full-year outlook after quarterly sales declined for the first time in almost five ...
Tariff turmoil: How Tesla and other companies are dealing with the trade war’s uncertainty
Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest ...
Tariffs Expected to Heat Up Chipotle’s Costs
Chipotle Mexican Grill has escaped hefty tariffs on its Mexican avocados for now, but it still expects increased duties on a ...
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, as chain is latest to raise the alarm about spending slowdown
Chipotle Mexican Grill Inc. late Wednesday reported a drop in same-restaurant sales and tweaked lower its same-restaurant guidance for the year, saying its quarterly results took a hit from bad ...