BUSINESSQUARTZ
Chipotle is raising its full-year sales forecast after beating second-quarter expectations
Chipotle raised its full-year sales forecast after exceeding second-quarter revenue and adjusted earnings per share expectations. However, a cyclospora outbreak negatively impacted sales in late July.
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Adjacent reporting
- Chipotle lifts its sales forecast even as a lettuce-linked outbreak slows foot traffic
- Chipotle hikes same-store sales forecast as diners return for burrito bowls
- Cyclospora outbreak tied to Taco Bell will steal the spotlight from Yum Brands' earnings
- Chipotle CEO on Global Expansion, Pricing and Cyclospora Outbreak
- The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don't expect a long-term impact