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Stock impact report

Chipotle chases the protein craze with new menu items — including meat in a cup [MSNBC.com]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: MSNBC.com
In this articleChipotle will debut a High Protein Menu on Tuesday, December 23, with items ranging from 15 to 81 grams of protein per item.Source: Chipotle Mexican GrillThefast-casual giantThe move is designed to re-energize demand as the chain known for massive burritos and bowls is grappling with slowing sales growth and a fundamental shift inhow Americans eat"For years, guests have used Chipotle's customizable offerings to build high protein and fiber-filled meals on their own," Chris Brandt, Chipotle's president and chief brand officer, said in a release.The company recentlycut its full-year same-store sales forecast20% single-day stock selloffChipotle stock is down around 38% year-to-date.Across the fast-casual sector, inflation-weary consumers have beenpulling back on dining outvalue perception problemBeyond the protein cup, the"This curated menu brings that fan behavior to the forefront with clean ingredients and flexible portions, making protein and other dietary goals easier Show less Read more
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