Chipotle earnings beat estimates, but stock falls on weak same-store sales forecast
Chipotle Mexican Grill exceeded analysts’ earnings expectations with a 13.1% rise in net sales to $2.85 billion, driven by a 5.4% increase in same-store sales. However, the company disappointed investors with a lower-than-expected sales forecast for 2025, citing weaker traffic in January and challenges from weather events like wildfires. Despite a strong performance in 2024, Chipotle anticipates modest same-store sales growth for 2025, with a … Continue reading Chipotle earnings beat estimates, but stock falls on weak same-store sales forecast
