Consumer SentimentWeakening consumer sentiment and higher menu prices are harming customer traffic and, in turn, tempering same-store sales growth.
Cost PressuresRising avocado, chicken, and pepper prices, fierce competition among restaurants, and higher wage and store location costs are likely to remain headwinds.
Store CostsTariffs will increase new store build costs by mid-single digits, implying $65K-$75K per store, raising concerns about shortages of critical equipment.