Chipotle defuses guacamole panic


Chipotle (CMG -0.6%) created a minor stir when it disclosed in a 10-K recently that it might have to stop serving guacamole and salsa due to high input costs linked to climate changes.

The company has clarified that the warning is typical 10-K risk fodder, not a plan of action it deems as likely.

"The sky is not falling," sums up Chipotle Communications Director Chris Arnold.

SEC Form 10-K

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Comments (11)
  • redarrow5150
    , contributor
    Comments (1375) | Send Message
     
    Seriously a panic?

     

    http://bit.ly/1ndkArk
    5 Mar 2014, 01:25 PM Reply Like
  • bearishly
    , contributor
    Comments (13) | Send Message
     
    Still a positive for the world. Because of this fear-mongering/misread... at least more people know 10-Ks exist.
    5 Mar 2014, 01:25 PM Reply Like
  • Larry Smith
    , contributor
    Comments (3188) | Send Message
     
    Because of climate change? My dog was scratching himself more than usual ;last night, I am linking that to climate change.
    5 Mar 2014, 01:31 PM Reply Like
  • Ta0
    , contributor
    Comments (493) | Send Message
     
    Larry, I am linking your dog's action to perhaps a much needed bath. :-)
    5 Mar 2014, 04:17 PM Reply Like
  • Bouchart
    , contributor
    Comments (1162) | Send Message
     
    Climate change in the span of one quarter, which only affects avocados?
    5 Mar 2014, 05:48 PM Reply Like
  • Ta0
    , contributor
    Comments (493) | Send Message
     
    Well, it has been rather cold as of late. Maybe, by next quarter, things will warm up and the avocados will be ok again.
    5 Mar 2014, 06:29 PM Reply Like
  • MEKhoury
    , contributor
    Comments (408) | Send Message
     
    If I lose my Chipotle guac I'm gonna walk straight out into the lake.
    5 Mar 2014, 06:39 PM Reply Like
  • zagman
    , contributor
    Comments (82) | Send Message
     
    Any company that makes a statement like that does not deserve my business.
    5 Mar 2014, 10:46 PM Reply Like
  • BIG_BEN
    , contributor
    Comments (166) | Send Message
     
    Reminds me of the great tomato shortage many years ago. I remember restaurants were charging extra for a slice of tomato on your sandwich. They didn't charge extra for ketchup though... go figure
    5 Mar 2014, 10:49 PM Reply Like
  • redarrow5150
    , contributor
    Comments (1375) | Send Message
     
    Nice call! I remember specifically Wendy's charging for tomato's if you wanted it. The ole cliche well are you taking money off if I don't want lettuce or a pickle?
    6 Mar 2014, 09:52 AM Reply Like
  • jskelton789
    , contributor
    Comments (6) | Send Message
     
    The only way this would "make sense" is if instead of climate change, they had said "due to the bsc winter we just went through."
    6 Mar 2014, 09:40 AM Reply Like
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