Chipotle expected to report another quarter of sales declines as it navigates tricky consumer backdrop

Chipotle (CMG) is expected to report another quarter of same-store sales declines as the company continues to grapple with a traffic decline and economic pressure on its core customer. Wall Street expects same-store sales to have fallen 2.9% in the company's fourth quarter, which Chipotle is expected to report after the market close on Tuesday. Higher menu prices are expected to offset a decline in foot traffic, according to Bloomberg estimates. Chipotle is expected to report adjusted earnings per share ...