regulatory
confidence high
sentiment negative
materiality 0.65
Chipotle discloses salmonella investigation; proactively removed jalapeños from restaurants
CHIPOTLE MEXICAN GRILL INC
- FDA and Minnesota Department of Health investigating salmonella outbreak in supply chain affecting multiple retailers.
- Minnesota Department of Health confirmed no ongoing concerns with Chipotle specifically.
- Chipotle identified jalapeños as potential common ingredient from a common lot and removed them from restaurants.
- Chipotle's July 29 earnings guidance did not include financial impact from this matter due to uncertainty.
- Chipotle cooperating with authorities and replaced jalapeños with product from different growers.