Chipotle Mexican Grill tempers annual comparable sales growth forecast

Reuters
24 Apr
Chipotle Mexican Grill tempers annual comparable sales growth forecast

April 23 (Reuters) - Chipotle Mexican Grill CMG.N on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and economic uncertainty force consumers to temper spending on dining out.

The company now expects annual comparable sales growth in the low single-digit range, compared with a prior forecast for growth in the low- to mid-single-digit range.

(Reporting by Juveria Tabassum in Bengaluru; Editing by Devika Syamnath)

((Juveria.Tabassum@thomsonreuters.com;))

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