
Chipotle Mexican Grill (CMG) reported Q3 2025 earnings with adjusted EPS of $0.29, which matched analyst estimates of $0.29, while revenue was $3.00 billion, just below the $3.02 billion forecast, reflecting a 7.5% year-over-year growth. Forward guidance calls for same-store sales declines in the low-single-digit range for the rest of 2025, revised downward from the previous view of flat trends.
Bullish
Total revenue rose 7.5% year-over-year to $3.0 billion, indicating resilience despite persistent macroeconomic pressures.
Bearish
Same-store sales were flat for Q3, compared to 6% growth in the prior year, and Q4 guidance now expects declines in the low-single-digit range, underscoring weakening customer traffic.