Three consecutive declines! Mexican fast food chain Chipotle (CMG.US) has lowered its sales forecast for three consecutive quarters, and its stock price has halved this year.

date
01/11/2025
According to the Securities Times APP, Mexican-style fast food chain brand Chipotle (CMG.US) released its third-quarter financial report on Wednesday, Eastern Time. This is the third consecutive quarter in which the company has lowered its full-year sales forecast. The company is currently dealing with a decline in customer traffic and economic pressures facing its core customer base.