The stock has performed admirably over the past year — but now people are deathly ill from eating from the restaurant again and this affliction could number in the hundreds. There isn’t a chance in fat hell this goes away in a day.
PREPARE FOR A MOST ARDUOUS SUMMER, BURRITOFAGS.
Chipotle told CNBC Tuesday morning that the health department received two illness complaints, but by Tuesday afternoon the Delaware General Health District reported receiving “over 100 calls and climbing.”
Delaware Health said it is “currently investigating several possible food-borne illness reports stemming from Chipotle on Sawmill Road [in Powell].” It has also asked that people who have experienced symptoms reach out to the Communicable Disease Team.
A Chipotle spokesperson wasn’t immediately available to comment on the latest report from the health department.
On Monday night, Chipotle spokeswoman Laurie Schalow described the scope of the issue as “a handful of illness reports at one restaurant in Powell, OH.” And added, “We acted quickly and closed this single restaurant out of an abundance of caution and we are working with the local health officials to reopen this restaurant as soon as possible.”
But now there is the possibility that this outbreak is larger than initially believed.
While Baird analyst David Tarantino maintained his outperform rating for the brand Monday, he said consumer sentiment and traffic to other Chipotle restaurants could take a hit if the incident remains in the media spotlight for too long.
“While we are optimistic that the media coverage of the Ohio restaurant closing will prove to be short-lived and ultimately result in an immaterial event for the brand, the lack of visibility creates a new risk factor that is worth monitoring very closely (in our opinion), and based on that dynamic, we would be more patient in putting new money to work in CMG in the short run,” Tarantino wrote in a note to investors Monday.
This is the death-knell — the moment in time that marked the end of the franchise once famously known as Chipotle. The brand has been tarnished beyond repair and is now synonymous with being a house of ill repute.
Curious what Exodus thinks about CMG — access grading system free of charge at FreeStockAlgos.com
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This is a hit job that mirrors The Axe Capital hit job on Ice Juice. Clever indeed.
As long as they still serve alcohol the company will be more or less fine
This was bound to happen after the tremendous run the stock has had.
Coming from Northern Mexico called California. What the fuck is this shit. Thousands of mom and pop Mexican shops. Real Mexican food in del norte. But Ohio shits in the lettuce? There is some sort of stupid out there or this shit is fake. Never know. Got some shitlib faggot eating ass then blaming.
LOL!!! 😉
How can one chain have so many of these stories? There are restaurants that serve low grade food and never an issue.
The attention is similar to everytime a Tesla car is involved in a crash.