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More on Chipotle (CMG): Growth at the chain clearly slows with comparable restaurant sales only...

  • Thursday, October 18, 2012, 4:14 PM ET
    More on Chipotle (CMG): Growth at the chain clearly slows with comparable restaurant sales only up 4.8% after a double-digit pace has been the norm the last few years. Restaurant level operating margin rose 70 bp to 27.4%. The company expects to open 165-180 new restaurants in 2013 and forecasts flat to low-single digit comparable restaurant sales for the year. Shares -11.1% AH. Conference call scheduled for 4:30 EST (webcast) (PR)
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