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Shares of Chipotle Mexican Grill slid after hours Tuesday, after the fast-casual Mexican chain’s same-store sales outlook came in below expectations, although it expressed confidence about its efforts to
jump on the protein craze and plans to roll out new menu items.
Chipotle CMG said it expects same-store sales to be “about flat” this year. That compared with Wall Street’s expectations for a 1.7% gain, amid broader hopes for a restaurant-industry rebound this year.
