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Chipotle shares slide after first ever loss on surprisingly steep sales decline

April 28, 2016

Via: CNBC
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Chipotle Mexican Grill shares were lower after the fast food chain reported a 30 percent sales decline and its first quarterly loss ever.

Comparable restaurant sales plunged during the first quarter of 2016 in part due to promotional offers the company has been using to entice customers to return to its restaurants after an E. coli outbreak late last year.

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