The Traderszone Network

Published in TZ Latest News 19 April, 2017 by The TZ Newswire Staff

Chipotle Is Raising Prices Again: What It Means for Investors

Chipotle Mexican Grill (NYSE: CMG) is still struggling in the aftermath of a late-2015 E. coli outbreak that spiraled into a broader food safety crisis. Comparable restaurant sales plunged 20.4% in 2016, nearly wiping out the company’s profit for the year. (Earnings per share for the full year fell to $0.77 from $15.10 a year earlier.)

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