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Chipotle earnings down in more bad news for the restaurant

on Feb 3, 2017 | 0 comments

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