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Chipotle lifts same-store sales forecast but warns about cyclospora

The company said cyclospora fears that began affecting customers in late July weighed on sales, even as it raised its outlook.

Reported · Written up by our desk · Guidance

Chipotle Mexican Grill increased its same-store sales forecast, citing continued uncertainty tied to cyclospora fears.

The company said those concerns began affecting sales in late July, contributing to weaker demand during the period referenced in its comments.

CNBC noted the stock has fallen more than 7% this year, leaving Chipotle's market value at roughly $44 billion.

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