Chipotle cuts sales forecast
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Chipotle CEO Scott Boatwright said young diners between the ages of 25 and 35 are cutting back on dining at the ...
Chipotle (NYSE: CMG) stock has been getting hit with intense sell-offs lately. Since the close of the market last Friday, the ...
The fast-casual restaurant chain, which relies heavily on young diners, has cut its sales forecasts multiple times this year.
Chipotle trimmed its sales outlook as younger diners have cut back on visits to the fast-casual restaurant chain.
Chipotle's CEO, Scott Boatwright, said younger customers are patronizing Chipotle less often and opting for food at home.
Chipotle Mexican Grill, Inc. has suffered a sharp post-earnings decline, with shares down over 15%. Click here to read why ...
In other words, any recovery will likely take time. The good news for investors is that the stock looks much more reasonably ...
Chipotle shares tank on disappointing Q3 earnings and lowered guidance for the full year. At least five Wall Street analysts ...
Chipotle Mexican Grill’s third-quarter results were a near-perfect match with Wall Street’s projections. Yet the stock was ...
Shares in Chipotle Mexican Grill fell more than 11% in after-hours trading after the restaurant chain warned that economic ...
The fast casual category is struggling right now, which makes the tough times for Chipotle more likely to prove temporary.
Younger diners seem to be losing their appetite for fast-casual favorites like Chipotle and Shake Shack as they grapple with ...
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