Chipotle reports massive drop in sales and federal investigation after disease outbreaks

January 6, 2016 4:55 PM

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Chipotle reports massive drop in sales and federal investigation after disease outbreaks

Last month, in the wake of an E. coli outbreak linked to Chipotle restaurants around the country, the popular fast food chain warned that its business would suffer. But it didn't expect to bleed this much.

On Tuesday, the company announced that its previous gloomy estimate wasn't gloomy enough. Chipotle had expected comparable restaurant sales (those at restaurants which have been open for at least 13 months) to fall by as much as 11 percent for the quarter ending Dec. 31. They are now slated to tumbl...

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