The Traderszone Network

Published in TZ Latest News 3 July, 2016 by The TZ Newswire Staff

Chipotle Targets Customer Loyalty With Chorizo and Free Burritos

In the past eight months, sales at fast-casual chain Chipotle Mexican Grill (NYSE: CMG) have been walloped by a damaging food safety scandal. In the first quarter of 2016, revenue plunged 23.4% year over year, and analysts are expecting another double-digit revenue decline in Q2.

Consumer Goods Restaurants Chipotle Restaurant Cmg

Revenue has been plummeting at Chipotle Mexican Grill. Image source: The Motley Fool.

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