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Chipotle's Disappointing Earnings Spark 5% Stock Drop

10/30/2025

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Story summary
  • Chipotle Mexican Grill, Inc. posted disappointing third-quarter earnings with revenue of $3 billion.
  • It expects a low-single digit decline in fiscal 2025 same-store sales, reversing earlier growth projections.
  • CEO Scott Boatwright cited macroeconomic pressures reducing consumer traffic by 0.8% for the third consecutive quarter.
  • Chipotle opened 84 new locations, announcing expansion to 350–370 restaurants in 2026.
  • The stock fell about 5% after the earnings report.