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Chipotle raises sales forecast despite slower July foot traffic

Reported · Written up by our desk · Equity Funds

Chipotle said it is lifting its sales forecast even as it experiences softer customer traffic tied to a lettuce-linked outbreak that slowed visits.

The company acknowledged that traffic was weakening in the second half of July, according to MarketWatch.

MarketWatch also reported that Chipotle is taking a more optimistic view of its full-year prospects despite the near-term slowdown.

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Sources

MarketWatchChipotle lifts its sales forecast even as a lettuce-linked outbreak slows foot traffic
MarketWatchChipotle lifts its sales forecast even as a lettuce-linked outbreak slows foot traffic

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