Chipotle lowers sales forecast due to inflation and economic uncertainty, impacting margins and revenue.

From Yahoo Finance: 2025-04-23 16:14:00

Chipotle Mexican Grill lowers annual sales growth forecast due to inflation and economic uncertainty. President Trump’s tariffs impacting consumer spending, forcing companies to adjust expectations. Chipotle’s sales fell in Q1, revenue missed estimates. Margins also decreased. Tariffs on Mexican imports affecting raw material costs. Chipotle investing in technology to offset rising costs.

Read more: Chipotle tempers annual sales forecast as dining-out takes a hit