scott boatwright chipotle

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Chipotle, burrito sales

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 cautious consumers and a spending slowdown as the primary culprits for a sales dip and lower-than-expected quarterly revenues.

Yahoo Finance on MSN · 1d

Chipotle stock drops after company reports first same-store sales decline since the pandemic

Battling for burrito sales in a slowing economy. Chipotle's (CMG) stock dropped over 4% on Thursday after its first quarter report missed expectations and it lowered its 2025 forecast. Its same-store sales declined 0.

The Detroit News · 1d

Chipotle sales suffer after economic anxiety sparks sales drop

Chipotle Mexican Grill Inc. lowered its full-year outlook after quarterly sales declined for the first time in almost five years, suggesting that economic uncertainty is causing diners to pull back on burrito outings.

QSR magazine8h

Despite Dip in Sales, Chipotle CEO Says Brand ‘Has Never Been Stronger’

Chipotle’s same-store sales turned negative for the first time since 2020, and economic uncertainty is the primary culprit. A ...

Chipotle Mexican Grill: In The Early Stages Of A Decades-Long Growth Story

Chipotle continued its strong performance in 2024. How is the CMG story going to unfold from here? Click here to find out.

1don MSN

Chipotle is making it a must for staff to smile at customers

CEO Scott Boatwright said this was in response to a study which showed that Chipotle staff were "not as friendly" as they ...

Chipotle wants its workers to smile for customers

The restaurant chain plans to improve CX through friendliness. “The fact is smiles down the line don't slow us down,” CEO ...

Restaurant Business Online1d

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.

Chipotle is 'not for the faint-hearted' investor as it misses on sales growth, cuts guidance: Analyst

In an interview with Yahoo Finance (video above), CEO Scott Boatwright said Chipotle's recent customer study found that ...

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 ...

Restaurant Business Online2d

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 CEO says chain has no plans to raise prices 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 Takes a Run at Mexico

Chipotle Mexican Grill bills itself as Mexican-inspired, and is about to test how its interpretation goes down in the cuisine's home country. Boatwright said Chipotle wasdifferent given its ...

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