Tuesday, January 10, 2017

Chipotle shares up about 4% as sales improve, investors shrug off light earnings forecast

Chipotle Mexican Grill Inc. Chipotle shares rose nearly 4 percent Tuesday after the burrito chain reported a smaller decline in same-store sales during the fourth quarter. 
Sales at Chipotle's established restaurants fell 4.8 percent during the fourth quarter, thanks to a lift in November and December. After plummeting 20 percent in October, comparable sales improved in the final two months of the year, as the chain faced easier comparisons from the prior-year period.. . . more

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