Shares of Chipotle Mexican Grill (CMG) dropped late Wednesday after the burrito-and-bowl chain scaled back its same-store sales outlook, again.
Shares of Chipotle Mexican Grill Inc. are down more than 9% in extended trading after the company's same-restaurant sales declined in the second quarter by more than Wall Street was expecting. The fast-casual Mexican restaurant chain also lowered its full-year outlook.
Chipotle's same-store sales are expected to fall for its second consecutive quarter. Economic uncertainty has led many Chipotle customers to pull back their spending and focus on saving their money, CEO Scott Boatwright said in April.
Chipotle Mexican Grill (NYSE: CMG) is set to reveal its fiscal second quarter results on Wednesday, July 23, 2025. Analysts expect the company to announce earnings of $0.33 per share with $3.11 billion in sales.
BMO Capital Markets says that more workers returning to offices could boost sales.
CMG's second quarter is expected to have seen sales growth from digital and marketing efforts, while rising costs pressure margins.
Besides Wall Street's top-and-bottom-line estimates for Chipotle (CMG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2025.
In the closing of the recent trading day, Chipotle Mexican Grill (CMG) stood at $53.38, denoting a -1.06% move from the preceding trading day.
Chipotle (CMG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Chipotle Mexican Grill (CMG) closed at $54.82 in the latest trading session, marking a -2.11% move from the prior day.
Just weeks after its landmark 50-for-1 stock split made shares more affordable for employees and a broader base of investors, Chipotle Mexican Grill NYSE: CMG is back in the spotlight for a different reason.
Zacks.com users have recently been watching Chipotle (CMG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.