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Chain restaurant sales increased just 3% last year, the worst year since the pandemic and well below menu-price inflation.
The lesson? Outbreaks often leave little room for advertising recovery. Chipotle’s response to its 2015-2016 E. coli and norovirus outbreaks offers a rare counterexample. After multiple ...
Chipotle Mexican Grill (NYSE ... It also enjoyed an amazing run higher after a spate of food-borne illness outbreaks in 2015 sent shares spiraling down. Since 2017, it produced better than 800% ...
Already, tariffs on foreign-made goods have led Nintendo to announce a delay in U.S. pre-orders for the Switch 2 while it ...
At the time, the Mexican grill chain was struggling. A few years earlier, Chipotle faced a months-long E. coli outbreak at its restaurants that ultimately sickened over 1,000 people. Like the lawsuit ...
coli outbreak offset momentum in late October ... which have seen flagging foot traffic and appetite in the US as competition from fast casual players like Chipotle (CMG) ramp up. McDonald's put forth ...
Chipotle had an E. Coli scandal that literally threatened to put the company out of business. In a single year, the company's stock dropped by 37% of its market value and the company's profits ...
Chipotle Mexican Grill said on Tuesday that ... McDonald's US head vows to improve safety after E. coli outbreak, more cases expected McDonald's scrambled on Wednesday to contain the damage ...