In the last month, Chipotle stock (CMG) has slumped by roughly 25% , primarily due to concerns about slowing traffic from younger and lower-income customers, which prompted the company to lower its sales forecast for 2025. This slump followed an already challenging year for the stock, though its long-term growth prospects are still seen as intact by some analysts. What people are saying: Declining customer visits : During its third-quarter 2025 earnings report, Chipotle noted a drop in transactions, particularly among its key 25–35 age demographic, citing factors like unemployment and slower wage growth. Guidance cut : The company reduced its full-year comparable restaurant sales forecast for 2025 for the third consecutive quarter, now expecting a low-single-digit decline instead of a flat result. Industry-wide trend : The pullback in consumer spending isn't exclusive to Chipotle; other fast-casual restaurants like ...
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