Consumer SentimentWeakening consumer sentiment and higher menu prices are harming customer traffic and, in turn, tempering same-store sales growth.
Rising 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.