Is Management Really to Blame for Chipotle Mexican Grill's Woes?
Over the past decade, Chipotle Mexican Grill (NYSE: CMG) was hit by numerous food safety incidents that spooked its customers and investors. In 2008, outbreaks of hepatitis A and norovirus affected several hundred customers. The following year, undercooked chicken caused an outbreak of campylobacteriosis.
In 2015, outbreaks of E.coli, norovirus, and salmonella hit multiple Chipotle locations, affecting hundreds of customers. Chipotle implemented new food safety standards, but over a hundred customers were infected with the norovirus again in mid-July. Shortly afterward, rodents fell through the ceiling at a Dallas location in an ill-timed coincidence.
Source: Chipotle.
Source: Fool.com