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The Ratings Game: Chipotle rolls out next round of recovery efforts but analysts aren’t biting

Chipotle Mexican Grill Inc. laid out its plan for a new round of efforts to turn around its struggling business during its third-quarter conference call, including dessert testing, online ordering and national television advertising.

The company CMG, -9.28% sees earnings of $10 per share for 2017 with same-store-sales growth in the high-single digits, Chipotle co-Chief Executive Steve Ells said on the Tuesday after-hours earnings call, according to a FactSet transcript.

See also: Chipotle will seek alternatives to its ShopHouse restaurants

Still, it wasn’t enough to quell analyst concerns. In fact, some see these changes as an unsavory transformation of the business.

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