Chipotle stock plunge 15% after sales forecast cut amid industry headwinds

Core Insights - Chipotle Mexican Grill (CMG) shares fell by as much as 15% following a reduction in its full-year same-store sales forecast for the third consecutive quarter [1] Financial Performance - The company has revised its same-store sales growth forecast downward, indicating ongoing challenges in achieving previous sales targets [1] Market Reaction - The significant drop in share price reflects investor concerns regarding the company's ability to maintain growth amidst the revised sales outlook [1]