Chipotle Earnings Disappoint Amid Consumer Concerns

3 months ago

Critty Gupta

"So Chipotle is the one that's really getting beat this morning. They had their earnings after the bell yesterday $32 a share for CMG it looks like down get this almost 19%. They're really worried about getting their consumer in, cutting their outlook for the third time this year. Really talking about the pinch and the disposable income that a lot of Americans are facing."

Chipotle's stock is under significant pressure, dropping nearly 19% following disappointing earnings and a cut in outlook. The concerns stem from broader consumer spending challenges and economic pressures.

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