Chipotle's Sales Just Dropped for the First Time Since 2020. What Should Investors Do Now?
Whether it's for a burrito, guacamole, or something else, diners have consistently gone out to eat at Chipotle Mexican Grill (NYSE: CMG) more and more over the last 10 years. Of course, there was an exception to this trend at the outset of the COVID-19 pandemic -- comparable sales were down nearly 10% in the second quarter of 2020. But that was understandable. After all, people were being told to stay home to slow the spread of the virus at the time.
Chipotle's comparable sales have increased year over year in every quarter since the second quarter of 2020. That is, they had increased until the first quarter of 2025, which is the most recent quarter. In Q1, comparable sales fell by less than 1%, which is small. But they did fall nonetheless.
Investors need to understand why sales are dropping for Chipotle in 2025. Only when they know what's happening can they figure out what to do about it.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
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