Chipotle earnings down in more bad news for the restaurant
By Kyle O'Brien
Chipotle Mexican Grill continues to get bad news, this time for its stock prices falling after its Q4 2016 earnings were announced, but the company showed a happy face regardless.
Markets Insider reported that as of Friday morning, the restaurant’s stock was down 1.91% at $415.23 a share after fourth quarter earnings were announced, noting revenue was down overall at $1.03bn (from expected $1.04bn) and for same-store sales by 4.8%.
This continues a string of bad news for the chain, which was first hit by an E. Coli outbreak in 2015, followed by efforts to get Read full story ›
Source: The Drum




