Chipotle shares fall as store openings scaled back, profit disappoints

(Reuters) – Chipotle Mexican Grill Inc will open fewer restaurants to get “fundamentals right” and posted disappointing quarterly sales and earnings on Tuesday, as the company struggles to recover from a bruising string of food safety lapses. Shares in the burrito chain were down 9.5 percent in extended trading after executives reported slightly weaker-than-expected sales at established restaurants despite introducing a queso cheese dip in September. Chipotle also announced it w

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