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CMG — Chipotle Mexican Grill News Story

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Chipotle Mexican Grill down after pulling jalapenos tied to salmonella cases

BUZZ-Chipotle Mexican Grill down after pulling jalapenos tied to salmonella cases

Updates

** Shares of Chipotle Mexican Grill CMG.N down about 6% at $35.50

** CMG says it removed suspected jalapenos from some of its stores after identifying the peppers as a potential common ingredient linked to a salmonella outbreak

** Adds that after learning about a possible salmonella outbreak affecting several restaurant chains, it investigated its supply chain and is assisting public health authorities with their probe into the outbreak

** "(We) removed them (jalapenos) from the restaurants where they had been distributed, and replaced them with product from different growers" — Chipotle Mexican Grill

** The Minnesota Department of Health says 110 outbreak-related cases identified in the state; among 84 people interviewed, 75 reported eating at Chipotle between June 14 and July 14

** Bloomberg News reported earlier on Tuesday that co had removed jalapenos from multiple stores in Minnesota after learning the peppers may be linked to a salmonella outbreak in the state that has sickened 110 people

** As of last close, CMG stock down 5.8% YTD


(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))

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