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Chipotle Mexican Grill, Inc (NYSE: CMG) was trading mostly flat Wednesday heading into the print of its second-quarter financial results after the market closes.
The workers recently staged a walkout over understaffing and safety concerns.
Chipotle CEO reveals 5 strategies to combat Q4 earnings miss Growth in digital sales was the highlight of the quarter, growing 177.2% and accounting for 49% of sales. Provided Although Chipotle's Q4 earnings fell short of the $3.73 per share that analysts had expected — earning $99.3 million or $3.48 per share — it performed better than last year at this time when it hit only $81 million. Chairman and CEO Brian Niccol said that despite the difficult backdrop, the chain's ability to adapt to the changing needs of guests was a testament to the durability of its business model and the streng...
Provided Dec. 28, 2020 Although Chipotle CEO Brian Niccol was strongly encouraging employees to be get COVID-19 vaccinations, it won't be a requirement. "This is a topic we've been discussing a whole bunch because it falls right in the realm of making sure that we got the best wellness programs available for our employees," Niccol said Tuesday during in interview on NBC's Closing Bell. "As of right now, we are not going to mandate it, we're going to strongly encourage it. We'll cover any of the cost associated with getting access to it as well as the ability to get a vaccine. But we are not g...