Shares of mexican fast-food chain Chipotle (NYSE:CMG)
fell 3% in the afternoon session after it continued to pull back as it reported disappointing third-quarter results. The fast-casual chain’s same-store sales growth of 0.3% missed expectations, prompting the guidance reduction. Management attributed the weaker performance to a notable pullback in spending from its core younger customers, particularly those between 25 and 35. The company stated this group faced challenges including unemployment, the resumption of student loan repayments, and slower wage growth. This led them to eat at home more often rather than turning to competitors. The report also showed that profit margins edged down compared to the previous year. Following the news, which sparked the stock's steepest single-day drop in over 13 years, several analysts lowered their price targets on the shares.
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Wall Street slipped on Thursday as disappointing results from Meta and cautious tones from the Fed weighed on sentiment. But after the closing bell, Apple’s record-breaking numbers helped restore a bit of optimism.
New York, NY – October 30, 2025 – Chipotle Mexican Grill (NYSE: CMG), once a darling of the fast-casual dining sector, experienced a seismic shock today as its shares plummeted by as much as 19% in early trading, settling around a 13-17% decline by midday. This dramatic sell-off follows the release of
Shares of mexican fast-food chain Chipotle (NYSE:CMG)
fell 16.5% in the morning session after the company reported third-quarter results that were in line with expectations but cut its full-year sales forecast, citing "persistent macroeconomic pressures."
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Wall Street saw a cautious tone on Thursday as major tech-heavy indexes edged lower, weighed down by mixed earnings from the mega-caps and the lingering impact of hawkish remarks from Fed Chair Jerome Powell th
October 30, 2025 - The Nasdaq Composite Index experienced a significant downturn today, fueled by a dramatic plunge in tech giant Meta Platforms (NASDAQ: META) and a sharp decline in fast-casual stalwart Chipotle Mexican Grill (NYSE: CMG). The market's jitters are palpable as investors digest Meta's aggressive spending forecasts on
The Dow Jones Industrial Average (DJIA) finds itself navigating a complex economic landscape as of October 30, 2025, exhibiting resilience despite a barrage of mixed signals from central bank policies, crucial economic data delays, and evolving geopolitical dynamics. Investopedia's analysis points to a market grappling with the Federal Reserve's delicate
Chipotle shares are trading lower Thursday after the company reported mixed third quarter financial results and forecasted low single-dit declines in comparable restaurant sales for 2025.
Mexican fast-food chain Chipotle (NYSE:CMG) met Wall Streets revenue expectations in Q3 CY2025, with sales up 7.5% year on year to $3.00 billion. Its non-GAAP profit of $0.29 per share was in line with analysts’ consensus estimates.
