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Stock impact report

Chipotle Breaks Silence on Store Closure Rumors—Here's What It Said [Yahoo! Finance]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: Yahoo! Finance
In case you missed it, late last week, Unión Rayo published a report dissecting the closure of Farmesa Fresh Eatery, a venture Chipotle briefly tested in Santa Monica, Calif., in 2023 before it shuttered in February 2024. SIGN UP for Parade's Daily newsletter to get the latest pop culture news & celebrity interviews delivered right to your inbox While other spinoff restaurants have seen success–namely McDonald's CosMcs , Starbucks Reserve and Taco Bell Cantina –Farmesa Fresh Eatery wasn't worth the effort for Chipotle. At the time, a rep for the company told CNBC that its main focus was its own brand but that Farmesa Fresh Eatery "lives on in the company's innovation lab for new menu items." According to Newsweek , the Spanish media outlet's article used a promotional image featuring the Chipotle logo, leading to a whole lot of confusion from fans. "Chipotle is closing all restaurants & is declaring bankruptcy," one X (formerly Twitter) user wrote. "The number of business Show less Read more
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