Chipotle Mexican Grill to Report Earnings with Declining Same-Store Sales Outlook
Chipotle Mexican Grill is set to report its first-quarter earnings, with Wall Street expecting a decline in same-store sales for the third consecutive quarter. The company's shares have dropped 35% over the past year, and analysts project earnings per share of 24 cents and revenue of $3.07 billion. The broader economic uncertainty, including rising fuel prices due to the U.S.-Iran conflict, is expected to impact consumer spending.
Topics: consumer trends earnings forecast economic uncertainty same-store sales stock performance