Chipotle (CMG) will post its first ever quarterly loss.

Subscribe at http://bit.ly/TwinsTalkStocks

Chipotle says it will report a loss of $1 per share.

Chipotle reports after the bell tomorrow Tuesday April 26th.

In January, same-store sales declined by 36.4%

In February, same-store sales declined by 26.1%

Chipotle has given away free burritos.

It’s had BOGO offers.

But 1 burrito, get 1 free.

It gave away free chips & guacamole for playing an online game.

Today it sent out a text.

Get a free burrito if you buy a $25 gift card at Chipotle’s before June 10th.

The E. Coli outbreak has drastically impacted earnings.

Last year it reported earnings of $2.88 per share.

Compare that with a projected loss of $1.04 per share.

Buffalo Wild Wings (BWLD) and Panera Bread (PNRA) also report after the bell Tuesday April 26th.

Panera Bread is benefiting from Chipotle’s problems.

Thanks for watching our video.

Please subscribe to our channel.

Leave a Reply

Your email address will not be published. Required fields are marked *

*