Chipotle was given a downgrade this week by Bank of America Merrill Lynch, and for an interesting reason. The bank thinks the burrito restaurant chain pays its employees too much. According to the bank, “Further gains from trimming hours will prove difficult which limits the opportunity to get labor below 27 percent of sales even … Continue reading “Bank of America Downgrades Chipotle For This Reason”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
Biotech & Pharma
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Life
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