Chipotle Mexican Grill Inc. $CMG recently faced challenges brought on by changing economic conditions and consumer preferences. The first quarter results of the new year came as a surprise for the company—marking the first drop in sales in nearly five years. This development forced the management to lower its annual forecast, raising questions about business stability amid increasing economic uncertainty.
Chipotle Mexican Grill Inc. $CMG is making a bold move to expand its operations in the homeland of Mexican cuisine. In 2025, the burrito chain plans to open its first locations in Mexico in partnership with Alsea SAB $ALSEA.MX, a restaurant operator that also manages well-known brands like Domino's and Starbucks in Latin America.