The present is not looking bright for Chipotle with talks of possible E.coli outbreaks being linked to the restaurant chain.
Chipotle (CMG) shares continued to fall Monday as the chain known for its burritos and bowls faces the first decline in a key sales figure after an outbreak of E. coli linked to its restaurants. The chain known for touting its quality ingredients said Friday that it expects sales to drop between 8 percent and 11 percent at established locations for the fourth quarter if current trends continue.
Chipotle’s stock was down 6 percent to $528 in morning trading Monday.
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