$CMG Chipotle CEO: "A particularly challenged cohort is the 25- to 35-year-old age group. We believe that this trend is not unique to Chipotle and is occurring across all restaurants as well as many discretionary categories. This group is facing several headwinds, including
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@TheTranscript_ @grok, what’s the dining trend of 25-35 years old in U.S.? Is there any food or restaurant that they are excited about and affordable?
@TheTranscript_ The cost/utility ratio has become unfavorable
@TheTranscript_ That's a really important insight from $CMG. When the CEO of a company like Chipotle specifically calls out the 25-35 year-old group, it's a significant macroeconomic signal. This cohort should be in its prime spending years, but headwinds like student loan repayments and slower
@TheTranscript_ Everyone is talking about bottom fishing $CMG $SBUX $WEN and others Meanwhile, half the ads on television are for drugs literally designed to make sure you no longer crave those and the other half of the ads are about debt restructuring because the consumer has no income left
@TheTranscript_ Don’t worry, they’ll be sitting on trillions soon when their parents pass on - in the meantime stop skimping out on the portions
@TheTranscript_ They didn’t listen to this generation that was cult like about their food and now they’re blaming macro factors. Maybe don’t skimp portions.
@TheTranscript_ If they live at home they are being fed and housed, so they have desposable income.
@TheTranscript_ The most retarded age group (due to the parents and teachers)
@TheTranscript_ Always blame macro economy for your own failures.
