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Chipotle sales plunge as health woes bring federal subpoena

A grand jury subpoena stems from a probe into a norovirus outbreak by the U.S. Attorneys Office for the central district of California, which is working with the Food and Drug Administrations Office of Criminal Investigations.

By Craig Giammona, Bloomberg | Updated on January 06, 2016
The subpoena pertains to a norovirus case at a Chipotle in Simi Valley, California, in August. (AP Photo/Gene J. Puskar)

(Bloomberg) – Chipotle Mexican Grill Inc., struggling to rebound from multiple outbreaks of foodborne illness, reported a bigger plunge in fourth-quarter sales than the restaurant chain expected and said it got served with a subpoena in a federal criminal investigation.

Same-store sales — a closely watched benchmark — tumbled 14.6% in the period, the Denver-based company said in a regulatory filing on Wednesday. The decline, Chipotle’s first quarterly drop as a public company, was previously projected to be as much as 11%. The grand jury subpoena, meanwhile, stemmed from a probe into a norovirus outbreak by the U.S. Attorney’s Office for the central district of California, which is working with the Food and Drug Administration’s Office of Criminal Investigations.

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