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Case Study: Chipotle Restaurants

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10/20/15- Company announces disappointing Third Quarter Profits The company said growth would cool further in 2016, sending shares in the popular burrito down more than 7 percent in extended trading. Third quarter profit was up almost 11 percent to $144.9 million, or $4.59 per share, but that fell 3 cents short of analyst average estimate. Executives said that they now expect 2016 sales at established restaurants to grow in the single low-single-digit percentages. Price hike remains a key component of same store sales growth while slowing traffic a key concern. 10/31/15- Chipotle Restaurants Closed 43 Chipotle restaurants across Oregon and Washington have been closed after an E. coli outbreak. 11/01/15-Heath Officials investigates E.coli outbreak linked to …show more content…

Most E.coli are harmless and actually an important part of a healthy human intestinal tract. However, some E.coli are pathogenic, meaning they can cause illness, either diarrhea or illness outside of the intestinal tract. The types of E.coli that can cause diarrhea can be transmitted through contaminated water or food, or through contact with animals or persons. According to the health officials, an investigation was under way of an E. coli outbreak linked to chipotle restaurants in Washington and Oregon. Twenty-two people in the two states have been sickened by an E.coli outbreak and most of these people have eaten at a chipotle restaurant during the past few weeks. 11/03/15- E.coli strain in outbreak linked to chipotle not most severe Authorities have identified that the strain of E.coli in an outbreak linked to Chipotle Mexican Grill Inc. isn’t the most severe form of the bacteria. The number has increased to 12 from 4 in Oregon and 25 in Washington up from the earlier 19. Three people in Oregon have been hospitalized after experiencing bloody diarrhea, but the outbreak hasn’t so far resulted in the kind of failure that more severe E.coli strains can

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