Chipotle reduced its financial outlook for same-store sales this year to an increase in the low to mid-single digits.

By Juveria Tabassum and Waylon Cunningham (Reuters) -Chipotle Mexican Grill forecast tepid annual comparable sales growth on Tuesday, in a sign that demand for its burritos could be hit if inflation pushes up menu prices.

Some analysts said tougher comparisons, harsher weather and holiday timing may have put pressure on the fast-casual chain’s recent sales.

Chipotle stock plunged in aftermarket trading after the fast-casual restaurant chain posted solid earnings but its quarterly revenues were lower than what analysts had expected. For the three months ended in December,

Excluding restaurant impairment charges, legal costs and other items, Chipotle earned 25 cents per share. Net sales climbed 13.1% to $2.85 billion. The company's same-store sales