Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Chipotle tempers annual sales forecast as dining-out takes a hit
Economy

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

Last updated: April 24, 2025 11:56 pm
Share
Chipotle tempers annual sales forecast as dining-out takes a hit
SHARE

Chipotle Mexican Grill Faces Challenges Amid Economic Uncertainty

Chipotle Mexican Grill recently announced a tempered annual comparable sales growth forecast, citing sticky inflation and economic uncertainty as factors impacting consumer dining habits. The burrito chain’s shares fell 3% after hours following the news.

The company now expects annual comparable sales growth to be in the low single-digit range, down from a previous forecast of a low- to mid-single-digit increase. This adjustment comes as President Donald Trump’s tariffs on trade partners like Mexico, Canada, and China have sparked fears of a potential recession in the U.S. This economic uncertainty has led to higher costs of living for consumers, causing them to dine out less frequently.

Despite benefiting from menu innovation and kitchen optimization, Chipotle may face challenges due to import tariffs on key ingredients like avocados and beef. Analysts have noted that these tariffs could impact the company’s bottom line.

CEO Scott Boatwright acknowledged the impact of economic uncertainty on consumer behavior, stating, “In February, we began to see that elevated level of uncertainty felt by consumers. Consumers were saving money because of concerns around the economy, and reducing restaurant visits. These trends continued into April.”

Chipotle reported a 0.4% decline in comparable restaurant sales for the first quarter, a stark contrast to the 5.4% growth seen in the previous quarter. Total revenue for the quarter was $2.85 billion, falling short of analysts’ expectations.

The company’s restaurant-level operating margin also decreased to 26.2% in the first quarter, down from 27.5% a year ago. In January, Chipotle had predicted a 60-basis-point impact on raw material costs for the year due to Trump’s tariffs on Mexico.

See also  Which class are you in?

To mitigate the impact of higher input costs, Chipotle has invested in technology such as produce slicers and three-tiered rice cookers to optimize labor and time in the kitchen.

It is clear that Chipotle Mexican Grill is facing challenges in the current economic climate. As the company navigates the impact of tariffs and economic uncertainty, it will be crucial for them to continue innovating and finding ways to maintain profitability in a challenging market.

(Reporting by Juveria Tabassum in Bengaluru; Editing by Devika Syamnath)

TAGGED:AnnualChipotlediningoutForecasthitSalestakestempers
Share This Article
Twitter Email Copy Link Print
Previous Article Prison notebook of climate protester Prison notebook of climate protester
Next Article Adrien Brody and Georgina Chapman’s Relationship Timeline Adrien Brody and Georgina Chapman’s Relationship Timeline
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

13 years for expressway murder committed while on bail for attempted murder case

Chicago Man Sentenced to 13 Years for Highway Shooting While on Bail for Attempted Murder…

August 6, 2025

Trailblazing CBS Sports Anchor Greg Gumbel Dead At 78

Renowned CBS Sports anchor and commentator Greg Gumbel has passed away, as announced by his…

December 27, 2024

How much is the winner expected to make at Charlotte Motor Speedway in 2025?

The 2025 NASCAR Cup Series season continues with the highly anticipated Coca-Cola 600 at the…

May 22, 2025

EXCLUSIVE: Angelina Jolie and Jon Voight's Rift Explodes All Over Again — 'He Feels Like She's Launched All-Out War on His MAGA Values'

Exclusive Source: MEGA Jolie's feud with father Jon Voight reignites as he perceives an attack…

September 29, 2025

Tropical Flowers and Prickly Cacti Leap from Lili Arnold’s Vibrant Block Prints — Colossal

Lili Arnold's passion for block printing started at a young age when she watched her…

March 26, 2025

You Might Also Like

Should You Buy Novartis Stock Before October 28?
Economy

Should You Buy Novartis Stock Before October 28?

October 10, 2025
I’m a Financial Advisor: People Always Regret Doing These 5 Things With Their Roth IRA
Economy

I’m a Financial Advisor: People Always Regret Doing These 5 Things With Their Roth IRA

October 10, 2025
This Analyst Just Hiked Their UnitedHealth Stock Price Target by 50%. Should You Buy UNH Now?
Economy

This Analyst Just Hiked Their UnitedHealth Stock Price Target by 50%. Should You Buy UNH Now?

October 10, 2025
Why Is Wolfspeed Stock Soaring Today?
Economy

Why Is Wolfspeed Stock Soaring Today?

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?