William Blair thinks it was food inflation behind the weak Chipotle (CMG) Q4 results and warns...

|About: Chipotle Mexican Grill, Inc. (CMG)|By:, SA News Editor

William Blair thinks it was food inflation behind the weak Chipotle (CMG) Q4 results and warns comparable-store sales could bottom out at 1% in Q1 before the company's price hikes start to turn things around. Despite the hiccup, analysts keep Chipotle rated at Outperform due to its strong business model.