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Stock impact report

Earnings Outlook: Chipotle earnings: Brand is still ailing from illness outbreaks [MarketWatch]

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: MarketWatch
Chipotle earnings: Brand is still ailing from illness outbreaks Chipotle Mexican Grill Inc. was downgraded at UBS ahead of the fourth-quarter earnings announcement based on concerns that the restaurant chain still has brand issues tied to illness-outbreak reports that began in 2015. Shares fell 4.3% in Thursday trading after the sell rating was announced. UBS analysis of about 137,500 online customer reviews shows that scores since 2010 have continued to fall to all-time lows. “We remain concerned about deteriorating review trends and potential implications for the trajectory of sales,” analysts led by Dennis Geiger wrote in a note. “Heightened competition, a difficult industry environment, and brand perception challenges highlight risks to sales and earnings growth.” UBS doesn’t think competition will abate in 2018, and sales drivers haven’t done much to lift same-store sales. One example, Chipotle CMG, -3.09% introduced queso on the Chipotle menu, which customers received poorly Show less Read more
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