Chipotle earnings tomorrow: What to expect

DENVER BUSINESS JOURNAL - When Chipotle Mexican Grill Inc. announces its third-quarter earnings tomorrow, will it be a "worst queso scenario?"

The Denver Mexican restaurant chain (NYSE: CMG) will announce its first quarterly earnings since it introduced its queso cheese dish in September.

The queso introduction has generated mixed reactions on social media, with twitter users saying the dish "tastes like sand" and Chipotle executives imploring employees to ignore the queso haters.

On Friday, RBC Capital Markets, after reviewing queso's performance on social media, lowered its price target to $330 from $400 in a report called "Worst queso scenario."

Read more about the "worst queso scenario" at the Denver Business Journal.

Copyright 2017 DENVER BUSINESS JOURNAL


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