Chipotle's sales beat expectations but are dampened by inflation and higher costs

Chipotle reported better-than-expected earnings per share but missed revenue expectations in Q2.
Soaring beef, avocado, and other ingredient costs are driving up Chipotle's expenses.
Chipotle shares fell over 9% after Q2 results due to concerns over inflation hurting demand.
The company predicts slower sales growth in Q3 compared to Wall Street estimates.
Despite opening new locations, Chipotle saw disappointing sales in Q2 amid high menu prices.