Chipotle Mexican Grill's new CEO, Brian Niccol, is facing his first big test — a food safety outbreak.
The burrito chain briefly closed down one of its restaurants in Powell, Ohio, on Monday after a number of customers became sick. The restaurant reopened Tuesday.
While analysts have maintained their confidence in the brand, keeping outperform ratings and even upgrading the stock, it seems that investors remain queasy. On Tuesday, shares of the company were down more than 7 percent.
Chipotle told CNBC on Tuesday morning that the local health department received two illness complaints, but by Tuesday afternoon the Delaware General Health District reported receiving "over 100 calls and climbing."
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After having a wicked case of the s***s a month ago after eating at the place in Salisbury, I'm not going back.
ReplyDeleteSmart idea 9:53
ReplyDelete
ReplyDeleteDidn't like their setup or food, and that was before they started poisoning the customers.