Chipotle Mexican Grill Inc on Monday reported better-than-expected growth in sales at established restaurants after diners appeared to shrug off price increases at the burrito chain known for serving antibiotic-free meats and organic produce.
Tags: Chipotle Mexican Grill
Chipotle heads suffer compensation cut following E.Coli impact
Chipotle slashed its executives' pay for the year 2015. In a regulatory filing released on Friday, Chipotle said that its executives will not receive any bonus for 2015 as a result of the E.coli incident.
Chipotle Re-Opens Restaurant After E.coli Outbreak in Washington and Oregon
Chipotle Mexican Grill re-open their 43 restaurant who was closed down due to E.coli outbreak since earlier this month. After health officials in Oregon and Washington State did not find E.coli in the sample taken from the restaurants.
Chipotle shuts all stores in Seattle, Portland due to E coli outbreak
Chipotle Mexican Grill closed all its restaurants in Seattle and Portland due to an outbreak of E. coli bacteria. The Huffington Post reported that 43 Chipotle restaurants in the Pacific Northwest region have temporarily been closed due to the E. coli scare.
Big problem for fund managers: liking Apple too much
At more than 15 percent of his fund's assets, John Burnham, manager of the $136 million Burnham Fund, has a larger stake in Apple Inc than any other diversified fund.
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Chipotle Mexican Restaurant had attributed its growth in the S&P500 to internal improvements undertaken.
David Einhorn of Greenlight Capital and Jeffrey Gundlach of DoubleLine Capital have called out Chipotle.
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