Chipotle CEO on Expansion Despite Slowing Business in US

BloombergWednesday, November 12, 2025 at 3:29:56 PM
Chipotle CEO on Expansion Despite Slowing Business in US
Chipotle has encountered a tough year in 2025, marked by three downward revisions to its financial outlook as rising costs and a decline in dining out have pressured its profitability. In response to these challenges, CEO Scott Boatwright emphasized the company's commitment to expansion, particularly in the Middle East and Asia. This strategy was showcased with the recent opening of a new store in Dubai's City Walk, indicating a focus on international growth despite domestic market pressures. The decision to expand into these regions is crucial for Chipotle as it seeks to diversify its revenue streams and mitigate the impact of a slowing U.S. market.
— via World Pulse Now AI Editorial System

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