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Thursday, March 28, 2024

Chipotle misses profit as high prices bite into delivery orders, traffic

Feb 7 (Reuters) – Chipotle Mexican Grill Inc (CMG.N) missed quarterly comparable sales and profit expectations on Tuesday, as customers pulled back on expensive delivery orders and traffic stalled in December. Shares of the company fell more than 4.5% in extended trading. Sales of Chipotle’s burritos …

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