Comment on There's Good and Bad in Chipotle Mexican Grill's Latest Earnings

There's Good and Bad in Chipotle Mexican Grill's Latest Earnings

Chorizo now makes up 7% of orders since its rollout nationwide. Image source: Chipotle Mexican Grill. As of this writing on Oct. 26, shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) are down more than 8% following release of the company's third quarter earnings report after market close on Oct. 25. And while the market is clearly voting to the negative on the embattled burrito seller's results so far, it wasn't all bad for Chipotle this past quarter. Let's take a closer look at Chipotle's results and what management has planned going forward.

 

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