Competitive PressuresChipotle posted its weakest quarter in nearly five years, as tighter consumer spending caused them to either trade down to cheaper quick-service alternatives or trade out of restaurants altogether.
Input CostsRising avocado, chicken, and pepper prices, fierce competition among restaurants, and higher wage and store location costs are likely to remain headwinds.
Sales PerformanceChipotle posted 1Q25 same-store sales of (0.4%), well below the estimate and consensus, indicating a possible share loss to competitors.