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Earnings Outlook: Chipotle earnings: Digital ordering could be the next step in the company’s turnaround

Bloomberg News

Consumers are still not convinced about the quality of Chipotle’s food, analysts say.

Chipotle Mexican Grill Inc. is expected to report fourth-quarter earnings on Thursday after the closing bell.

The Mexican fast-casual chain had some good news earlier in January, announcing same-store sales for the fourth quarter that improved each month that the quarter progressed. In December 2016, the company said same-store sales increased 14.7% versus a 20.2% decrease in October.

See also:Chipotle shares rise on fourth-quarter same-store sales, new share buyback program

Even with improvement, analysts warn that there are still challenges to overcome going forward. Digital advancement could help the company clear those hurdles.

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