Wednesday, July 26, 2017

Chipotle posts improved results as it faces another crisis

Chipotle’s Genuine Queso is made with real, all natural ingredients and is a blend of cheddar cheese with tomatillos and chiles.Chipotle Mexican Grill on Tuesday announced a big test of Genuine Queso in 350 stores in Denver and Los Angeles markets – but is the buzzy new menu item enough to overcome yet another foodborne illness crisis?

Chipotle’s earnings, revenue and restaurant margins all were up in the second quarter of 2017 compared to last year, but the effect of norovirus virus cases linked to a store in Sterling, Va., won’t be known until the Denver-based company’s third-quarter results are released Oct. 24.. . . more

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