For the quarter, the Denver-based restaurant company reported earnings of 87 per share, which were lower than estimates of 93 cents per share.
Chipotle also reported revenue of $998.4 million, missing Wall Street's expected $1.05 billion in revenue for the period.
Comparable restaurant sales decreased by 23.6% year-over-year.
"Our entire company is focused on restoring customer trust and re-establishing customer frequency, and rewarding our most loyal customers for visiting more often through Chiptopia is one way to do just that," said CEO Steve Ells.
The company has struggled in the year so far due to various food safety concerns at locations across the country and following company executive Mark Crumpacker's arrest on drug charges.
Separately, TheStreet Ratings rated this stock as a "hold" with a ratings score of C.
The company's strongest point has been its very decent return on equity which we feel should persist. At the same time, however, TheStreet Ratings finds weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins.
You can view the full analysis from the report here: CMG
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.