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Stock impact report

Chipotle still hasn't fixed its biggest problem (CMG) [The Business Insider]

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
Chipotle still hasn't fixed its biggest problem REUTERS/David Ryder When Chipotle Mexican Grill, Inc . reported its financial results for the third quarter, investors had hoped that the company would finally get past the slump that began nearly two years ago, during an outbreak of food-borne illnesses. The company has faced numerous challenges in recent months as well, including another outbreak of norovirus , a breach that compromised customer payment data, and videos of mice in the dining area in a Dallas Chipotle location. And now Chipotle's financial results have failed to excite investors. As a result, the stock crashed to its lowest level in nearly five years. For the just-completed quarter, Chipotle's revenue increased to $1.13 billion, up 8.8% over the prior-year quarter but lower than the consensus estimate of $1.14 billion. The company reported diluted earnings per share of $0.69. Adjusted earnings per share, which removes the one-time costs related to the data breach Show less Read more
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