Chipotle CEO warns 'the consumer is sitting on the sideline' after chain reports decline

Chipotle CEO warns 'the consumer is sitting on the sideline' after chain reports decline

'The underlying trend is really tied to the consumer sitting on the sideline.'

Chipotle Turns Cautious on Consumer Sentiment. Is the Stock Still a Long-term Buy? @themotleyfool #stocks $CMG

From Chips to Trips, Earnings Season Shows Consumer Demand Is Bumpy at Best

For several consumer-facing companies, the best thing that can be said is that households are cautious, or rather outright fearful, with tariffs as the catalyst.  Many of these firms have been cautious as well, at least in the Wall Street give-and-take of offering guidance. They’re either cutting their forward-looking numbers for revenues and earnings, looking for slowing growth, or they’re suspending guidance.  Economic Uncertainty Leads to Unc…