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)
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