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12 minutes ago
- Yahoo
Chipotle Stock Drops as Company Eyes Flat 2025 Same-Store Sales
Shares of Chipotle Mexican Grill (CMG) dropped late Wednesday after the burrito-and-bowl chain scaled back its same-store sales outlook, again. Chipotle's stock was recently off some 10% in late trading, sliding after a regular session in which it rose a bit less than 1%. (Read Investopedia's full coverage of today's trading here.) The shares, down roughly 12% this year through today's close, were looking at a move below $50, which they haven't touched in more than a month. The company in a statement said it expects same-store sales to come in "about flat" this year. That's a downbeat update to the "low single digit" growth rate it reported when it turned in first-quarter results—which was itself a lower-than-first-projected figure, since at the start of the year management pointed toward low to mid-single-digit growth. Chipotle said second-quarter revenue rose 3% year-over-year to $3.1 billion, while comparable-restaurant sales fell 4%. Adjusted earnings per share came in at $0.33. The sales and EPS figures were in line with Visible Alpha's consensus estimates. "I am optimistic that our positive momentum will continue as we further support our world-class people with new tools to improve execution, introduce new menu innovations, amplify our rewards program, and introduce this great brand to more communities around the globe," CEO Scott Boatwright said in a statement. Read the original article on Investopedia
Yahoo
12 minutes ago
- Yahoo
Dan Martell Shares His Top 3 Tips for Starting Your First Side Hustle This Year
Starting your first side gig can feel like standing at the edge of a cliff. You've got the idea, maybe a little passion, but you're unsure when (or how) to jump. According to entrepreneur, coach and bestselling author Dan Martell, the answer is simple: Jump now, figure it out as you go and don't wait for perfection. Learn More: Read Next: In a recent video, Martell shared the top three pieces of advice he offers to anyone starting their very first business. His insights are direct, refreshing and perfect for side hustlers who are ready to make 2025 the year they finally start. Get Paid — and Fast! 'The business starts the moment you sell something to somebody, Martell said. The entrepreneur doesn't waste time with business plans, branding or perfect packaging, because none of that matters if no one is willing to buy. His first tip is all about action: Sell something. Anything. Right now. You don't even need the final product in hand. You just need someone to believe in what you're offering enough to pay for it. It's a mindset shift. Instead of overthinking, start validating. Let's say you're thinking about launching a digital course or handmade product — pre-sell it. Offer it to a small audience or even friends. If someone pulls out their wallet, you've got something worth building. If not, you've saved yourself time and energy. Selling early forces clarity, builds confidence and gets you in motion. And in side hustling, momentum matters more than polish. For You: Work Harder on Yourself Than the Business This one might catch you off guard, but it's a game-changer. Martell challenges new entrepreneurs to 'work harder on yourself than you do on your business.' At first, it sounds backwards. Shouldn't your time and energy go into the hustle itself? Not exactly. Your business can only grow as much as you do. When you invest in yourself, whether that's reading, taking care of your health, learning new skills or improving your mindset, you show up better for every decision, every conversation and every opportunity. Martell tells his team to be 'selfish about developing yourself' because that kind of growth lifts the whole ship. For first-time side hustlers, this means not just grinding at midnight, it means building the habits, confidence and emotional resilience to sustain the journey in the long term. Learn From People Who've Already Done It Martell's third tip is simple: Don't try to figure it out alone. Find people who've already walked the path. Whether that's joining a mastermind group, asking a mentor for coffee, or even following the right creators online, proximity to experience is a shortcut. Learning from those ahead of you helps you avoid rookie mistakes, stay grounded and accelerate your growth. You'll gain not just knowledge but a mindset. The kind of confidence that only comes from seeing what's actually possible. More From GOBankingRates 6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives This article originally appeared on Dan Martell Shares His Top 3 Tips for Starting Your First Side Hustle This Year Solve the daily Crossword
Yahoo
12 minutes ago
- Yahoo
Tesla sees largest quarterly revenue drop in over a decade in Q2 earnings
Tesla revenue slipped 12% year over year in the second quarter of 2025 the company's July 23 earnings release showed. The company took in $22.5 billion in revenue, down from $25.50 billion in the second quarter of 2024. It is the company's largest revenue drop in over a decade, according to Reuters. The Elon Musk-helmed electric car manufacturer saw gross margin slip over a percent year-over-year, landing at 17.2%. The figure is a rebound from its first quarter readout of 16.3%. Deliveries in the second quarter of 2025 dropped year-over-year, continuing the trend seen in the first quarter. The company delivered 384,122 vehicles in the quarter compared to 443,956 in the second quarter of 2024. The shareholder materials called the quarter "a seminal point in Tesla's history" pointing to the company's expansion in artificial intelligence and robotics. "Despite a sustained uncertain macroeconomic environment resulting from shifting tariffs, unclear impacts from changes to fiscal policy and political sentiment, we continue to make high-value investments," the materials read. Musk and other executives are expected to speak on the company's earning call scheduled for 5:30 p.m. ET. This is a developing story. This article originally appeared on USA TODAY: Tesla earnings: Musk's carmaker sees decade high revenue drop
