Twelve months ago, the damage from the restaurant chain’s food-safety scare peaked at a 34% dive in customer traffic. A year later, sales growth appears to be returning, but Chipotle’s business still faces huge challenges in its bid to climb back to anything approaching its prior glory days.
Category: Food Science
What to Watch When Chipotle Mexican Grill, Inc. Reports Earnings
Twelve months ago, the damage from the restaurant chain’s food-safety scare peaked at a 34% dive in customer traffic. A year later, sales growth appears to be returning, but Chipotle’s business still faces huge challenges in its bid to climb back to anything approaching its prior glory days.
Top Consumer Stocks to Buy in 2017
The year 2016 was not a good year for most retailers. Several high-profile chains filed for bankruptcy — I’m looking at you, Sports Authority and Eastern Mountain Sports — and big-box retailers like Macy’s , Sears , J.C. Penney , and even Wal-Mart reported dismal sales that led them to close hundreds of stores.