Chipotle Mexican Grill reported second-quarter 2025 revenue of roughly $3.06–$3.10 billion, a 3 percent year-over-year increase but just shy of the $3.11 billion analysts expected. Comparable restaurant sales declined 4 percent, a steeper drop than the 2.9 percent consensus, and operating margin narrowed to 18.2 percent from 19.7 percent a year earlier. Diluted earnings per share came in at $0.32–$0.33, broadly matching forecasts, while net income slipped 4 percent to $436.1 million. The burrito-chain operator said it expects full-year comparable sales to be roughly flat, below the roughly 0.8 percent growth projected by Wall Street, and maintained plans to open 315 to 345 new restaurants in 2025. Management noted that same-store sales and transactions turned positive in June, but the guidance cut overshadowed that trend, sending the shares down about 10 percent in late trading.