Consumer companies are bracing for lower profits as tariffs force shoppers to rethink spending

1. Chipotle lowers same-store sales growth forecast due to economic concerns. 2. Consumer sentiment is at its second-lowest level since 1952, impacting spending. 3. Tariffs are expected to increase costs for food, affecting margins for companies. 4. Restaurants are seeing reduced traffic as consumers cut back on discretionary spending. 5. Caution among consumers is likely due to fears of inflation and recession.