Chipotle's Q4 Earnings Align With Estimates, Stock Declines on Cautious Outlook

Reported about 1 month ago

Chipotle's fourth quarter earnings largely matched Wall Street expectations despite challenges like bad weather and tough comparisons from last year's performance. The burrito chain reported a 5.4% same-store sales growth and plans to open up to 345 new locations in fiscal 2025. However, the company's conservative guidance for future growth led to a 5% drop in shares after hours, as analysts awaited stronger performance in the upcoming year.

Source: YAHOO

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