Three consecutive declines! Mexican fast food chain Chipotle (CMG.US) has lowered its sales forecast for three consecutive quarters, and its stock price has halved this year.
According to the Securities Times APP, Mexican-style fast food chain brand Chipotle (CMG.US) released its third-quarter financial report on Wednesday, Eastern Time. This is the third consecutive quarter in which the company has lowered its full-year sales forecast. The company is currently dealing with a decline in customer traffic and economic pressures facing its core customer base.
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