Chipotle Mexican Grill Inc (CMG)
17 Jan 2017
Chipotle Mexican Grill on Tuesday reported a jump in December sales at established restaurants, suggesting the worst may be over for the burrito chain that has struggled to recover from a string of food safety lapses.
Jan 10 Chipotle Mexican Grill on Tuesday reported a jump in December sales at established restaurants, suggesting the worst may be over for the burrito chain that has struggled to recover from a string of food safety lapses.
Jan 10 Chipotle Mexican Grill Inc said sales at established restaurants likely fell 4.8 percent in the fourth quarter and that costs came in higher than it had previously anticipated.
* Chipotle Mexican Grill Inc sees Q4 comparable restaurant sales decrease of 4.8%
Chipotle Mexican Grill Inc , under pressure from activist investor Bill Ackman, named four new board members on Friday, paving the way for a reunion of sorts between its chief executive and a former top executive at McDonald's, which once owned the burrito chain.
BOSTON/LOS ANGELES Union-affiliated adviser CtW Investment Group on Tuesday stepped up pressure on Chipotle Mexican Grill Inc by urging billionaire investor William Ackman to play a hand in recruiting new directors to the restaurant company's board.
Chipotle Mexican Grill Inc said founder Steve Ells will retake the helm as sole chief executive officer after co-CEO Monty Moran stepped down on Monday amid intense pressure to turn around the burrito chain which has struggled to recover from a string of food safety lapses that have damaged its sales and reputation.
LOS ANGELES Chipotle Mexican Grill Inc , amid activist pressure to revamp its board and revive sales following last year's string of food safety lapses, will "shortly" announce a new slate of directors, founder and co-chief executive Steve Ells said on Tuesday.
* Takes sole shared stake of 554,213 shares in Chipotle Mexican Grill - SEC filing
Billionaire investor William Ackman on Thursday said he has had an "extremely constructive relationship" with Chipotle Mexican Grill Inc since buying a large stake in the beleaguered burrito seller.