Chipotle's once rapid growth has hit a speed bump. Despite years of strong gains and outperforming the S&P 500 and rivals like McDonald's, the company just reported a 4% drop in same-store sales for Q2, missing expectations. Foot traffic fell further as consumers pulled back amid economic uncertainty. Chipotle cut its annual sales outlook and its stock is now down 26% for the year, even as the S&P 500 is up 10%. Management says they're not losing customers to competitors, but people are visiting less often and being more selective with spending. The company is betting that menu innovation and new tech will help, but for now, the growth story is on hold.