One year after Chipotle's E. coli crisis, chain still struggling : cnbc

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One year after Chipotle's E. coli crisis, chain still struggling

One year after Chipotle's E. coli crisis, chain still struggling

It has been exactly a year since news of an E. coli outbreak accelerated Chipotle's downfall from a Wall Street darling, and investors are wondering when, if ever, the stock and sales will bounce back."The bloom's off the rose," said Bob Derrington, senior restaurant analyst at Telsey Advisory Group, who has a "hold" rating on the stock.Since the scandal hit, Chipotle's same store sales have remained sharply in negative territory even as the burrito chain has doubled down on promotions and reassured customers about its new food safety practices.


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Chipotle 1 year later: Customers still scared of E. coli

Chipotle 1 year later: Customers still scared of E. coli

If you are avoiding Chipotle lately, you aren't the only one.Customers -- and investors -- haven't fully returned.Sales at existing Chipotle restaurants are down 22% from a year ago.


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Struggling Chipotle still can't get that E. coli out of its system

Struggling Chipotle still can't get that E. coli out of its system

Chipotle continues to struggle in the wake of an E. coli scare last year.The Mexican restaurant chain reported on Tuesday that sales had fallen 21.9 percent at established restaurants during the third quarter.This is worse than the 18.3 percent drop that Wall Street analysts anticipated and the fourth consecutive quarter in which sales have declined.