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Weak sales and high costs sent the Mexican fast-food chain’s shares plunging.
The chain’s Beyond Tacos proved popular but haven’t helped it generate transaction growth or prevent a July sales slowdown.
The Mexican QSR, a hot concept in the U.S., has been slow to expand internationally. That’s beginning to change, and here’s why.
The Mexican QSR says the product has helped reverse a steep traffic slide in the first quarter.
The fast-casual chain revealed that it received a request for information regarding last year’s incident in Ohio, sending its shares falling.
Online and mobile orders doubled in the first quarter as the company’s comparable-store sales rose 9.9%.
Brian Niccol’s pay package came during a year in which the company’s stock returned to prominence on Wall Street.
The chain is planning to add its mobile-order drive-thru “Chipotlane” to more restaurants as it seeks to further its digital presence.
The company is testing a mobile order drive-thru lane called “Chipotlane” as it works to keep building digital orders.
The company’s stock has soared since Brian Niccol took over, says RB’s The Bottom Line.
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Peter Romeo highlights the moments restaurateurs miss at their own peril
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