Chipotle Shares Rise as Burrito Chain Sharpens Focus on Traffic Revival
Chipotle shares rose 7% on better-than-expected sales guidance, though higher beef and diesel costs pressured operating margins in the third quarter.
Chipotle shares rose 7% on better-than-expected sales guidance, though higher beef and diesel costs pressured operating margins in the third quarter.
Chipotle has removed jalapeños from select locations after Minnesota health officials linked the peppers to 110 salmonella cases. The FDA initiated a traceback investigation while the company sourced
Chipotle clarified that its annual financial targets exclude the impact of a Minnesota salmonella outbreak linked to jalapenos. Health officials identified 110 cases, prompting the chain to trace ingr
Chipotle removed jalapenos from select restaurants after they were linked to a salmonella outbreak sickening 110 people in Minnesota. Shares dropped 7% as the company switched suppliers and cooperated
Chipotle raised its annual sales forecast despite a cyclosporiasis outbreak linked to iceberg lettuce affecting Q3 traffic. The company noted surging input costs for beef, which hit record highs, and