The CDC is expected to declare that the E.coli outbreak affecting Chipotle (CMG) is over.
Reports claim that the CDC may announce the E.coli outbreak at Chipotle as finished as soon as Monday. The outbreak has had a negative effect on the company’s stock and same-store sales are expected to be down for its fourth quarter, reports CNNMoney.
Reports that the CDC will announce the Chipotle E.coli outbreak as over claim that the source of the problem hasn’t been discovered yet. The Mexican food chain is planning to close all of its stores for a time on Feb. 8 to hold a meeting over the outbreak, CNNMoney notes.
The E.coli outbreak in 2015 affected Chipotle stores across the country. A CDC alert resulted in two stores closing in December and 43 restaurants closing in November, only to be opened up again about a week later.
CMG shares were up 4% as of Monday morning.
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