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Restaurant Industry News 12 October 2025 - 23 November 2025

Chipotle Mexican Grill (CMG) Stock Today, November 23, 2025: Institutional Investors Shuffle Positions as Wall Street Debates a Comeback

Chipotle Mexican Grill (CMG) Stock Today, November 23, 2025: Institutional Investors Shuffle Positions as Wall Street Debates a Comeback

Chipotle shares closed at $31.63 on Friday, up 4.2% but still down nearly 50% in 2025 and hovering near a 52-week low. Market cap stands at about $42 billion. Ensign Peak Advisors cut its stake by nearly 25% last quarter, while analysts debate whether the stock is now undervalued after the steep decline.
23 November 2025
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Freddy’s Frozen Custard Franchisee M&M Custard Files Chapter 11, Putting 32 Dairy Queen Rival Locations at Risk

Freddy’s Frozen Custard Franchisee M&M Custard Files Chapter 11, Putting 32 Dairy Queen Rival Locations at Risk

M&M Custard LLC, which operates 32 Freddy’s Frozen Custard & Steakburgers locations across six states, filed for Chapter 11 bankruptcy in Kansas on Friday. Court documents show $5–$5.2 million in assets and $27.7–$28 million in liabilities. All 32 restaurants remain open as the company seeks to restructure. Some closures are possible during the process.
16 November 2025
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Wendy’s to Close 200–350 U.S. Restaurants as ‘Project Fresh’ Accelerates — What We Know Today (Nov. 10, 2025)

Wendy’s to Close 200–350 U.S. Restaurants as ‘Project Fresh’ Accelerates — What We Know Today (Nov. 10, 2025)

Wendy’s will close about 200 to 350 U.S. restaurants, or a mid-single-digit percentage of its footprint, starting late 2025 through 2026. The company cited a 4.7% drop in U.S. same-restaurant sales in Q3 and said closures will target underperforming locations. No list of affected stores has been released. The move is part of a broader turnaround effort called “Project Fresh.”
10 November 2025
Sweetgreen (NYSE: SG) Cuts 2025 Outlook, Sells Spyce Robotics to Wonder for $186.4M After Weak Q3 — 11/7/2025

Sweetgreen (NYSE: SG) Cuts 2025 Outlook, Sells Spyce Robotics to Wonder for $186.4M After Weak Q3 — 11/7/2025

Sweetgreen’s Q3 FY2025 revenue fell 0.6% to $172.4 million, with same-store sales down 9.5% on weaker traffic. The company cut full-year guidance and agreed to sell its Spyce robotics unit to Wonder for $186.4 million, while licensing back the Infinite Kitchen tech. Spending from 25–35-year-olds dropped 15% in the quarter. Shares fell as much as 20% after hours.
7 November 2025
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Chipotle Stock Tumbles on Third Forecast Cut — Can the Burrito Chain Bounce Back?

Chipotle Stock Craters After Tepid Q3 Earnings – What’s Next for CMG?

Chipotle shares plunged 18% pre-market Oct. 30 after management cut its 2025 same-store sales forecast to a low-single-digit decline, citing persistent macroeconomic pressures. Q3 revenue rose 7.5% to $3.0 billion, but same-store sales grew just 0.3% as customer traffic fell for the third straight quarter. Chipotle opened 84 new restaurants and repurchased $686.5 million in stock. The stock is down 34% year-to-date.
30 October 2025
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Mexican Dining Crisis: Beloved Chains File Bankruptcy and Close Doors as Industry Hits Breaking Point

Mexican Dining Crisis: Beloved Chains File Bankruptcy and Close Doors as Industry Hits Breaking Point

Abuelo’s Mexican Food Embassy filed for Chapter 11 and closed 24 locations, joining El Burro Loco, On The Border, Rubio’s Coastal Grill, and Tijuana Flats in a wave of bankruptcies among U.S. Mexican restaurant chains since 2024. Industry reports cite falling sales, rising costs, and changing consumer habits as key factors. Chipotle’s stock fell 13% in July 2025 after weak sales. Restaurant menu prices rose nearly 4% year-over-year by August 2025.
12 October 2025
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