Chipotle plunges after forecasting annual sales below estimates

Shares of Chipotle Mexican Grill CMG.N down 8% at $35.95 after the bell

Co forecasts annual sales below estimates but beats quarterly sales estimates on new menu launches driving demand

Expects annual same-store sales to be about flat, compared with analysts' estimate of a 1.86% rise, according to data compiled by LSEG

Quarterly sales rose 4.9% to $3 billion compared with analysts' estimate of rise of 4.2% to $2.96 billion

Posts quarterly adjusted profit of 25 cents vs estimate of 24 cents

Stock was down ~40% in 2025