Chipotle Mexican Grill Q1 earnings beat expectations despite challenges, with low-to-mid single-digit sales growth forecast
From CNBC: 2025-04-23 15:34:00
Chipotle Mexican Grill is set to release its first-quarter earnings, with analysts expecting earnings per share of 28 cents and revenue of $2.95 billion. Despite a projected decrease in same-store sales growth due to weather and wildfires, demand for their products remains strong. The company is expanding internationally with plans to open restaurants in Mexico. Chipotle’s full-year forecast predicts low- to mid-single-digit sales growth. Trade wars and recession fears have contributed to a 15% drop in the company’s stock value over the past year.
Read more at CNBC:: Chipotle Mexican Grill (CMG) Q1 2025 earnings
