Chipotle Misses Q2 Revenue Target, Warns Of Flat 2025 Sales

About Chipotle Misses Q2 Revenue Target, Warns Of Flat 2025 Sales

Chipotle Mexican Grill reported Q2 revenue of 3.06 billion dollars, short of the 3.11 billion expectations. Adjusted earnings per share matched forecasts at 33 cents. The company's growth was driven by opening 61 new restaurants, with digital sales making up over a third of revenue. Despite stock buybacks, Chipotle warned that 2025 sales are expected to stay flat, down from prior estimates. The company plans to open additional new locations, mainly featuring Chipotlanes.