Chipotle reports first quarterly loss

Chipotle has posted its first quarterly net loss since it went public in 2006.

The company's first-quarter net loss was $26.4 million, compared to profits of $122.6 million a year earlier.

Officials cited lower same-store sales, fewer purchases and more promotional discount offers. Same-store sales were down nearly 30 percent from a year earlier.

The company's quarter was hurt by efforts to regain face after numerous customers around the country were sickened by multiple outbreaks of foodborne illnesses.

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