Wednesday, October 25, 2017

Chipotle's profit ravaged by hurricanes, hack and high avocado prices

Image result for chipotle Chipotle just can't catch a break.

The burrito maker said sales rose by 17% and profit more than doubled in the third quarter. That's the good news.

The bad news is that Hurricanes Irma and Harvey took a giant bite out of Chipotle's revenue, and costs associated with an April malware attack ate into the company's profit. . . . more

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