date:Oct 18, 2013
gins.
Chipotle narrowed its full-year forecast for same-restaurant sales to mid-single-digit percentage growth. The Denver-based chain previously said it expected low- to mid-single-digit percentage same-restaurant sales growth for 2013.
For 2014, it forecast low single-digit percentage growth, excluding menu price increases.
Analysts say Chipotle needs mid-single-digit percentage growth of same-restaurant sales to protect profits.
Shares of Chipotle gained $33.72 to $472.79 in after-market