Andrew Charles - Cowen and Company


Last quote by Andrew Charles

We are concerned upcoming efforts to drive sales are not enough to improve these measures and in turn will not drive upside to investor same store sales expectations. In order for us to get more constructive on shares, a rebound in at least one of these metrics is necessary, preferably on quality perceptions given this was the brand's historic
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Oct 06 2017 Chipotle
Andrew Charles has been quoted in 6 different articles. Most recently, Andrew Charles has been quoted saying, “With proprietary survey data indicating Chipotle's quality perceptions are near trough levels, we believe a more holistic brand halo is needed to sustainably accelerate sales, rather than one product as indulgent as queso. In our prior analysis we saw the Week 1 queso lift progressively decelerate through Week 2. This trend of a deteriorating lift from queso intensified through Week 3 to end 3Q. We view the data as supportive in our belief that queso is unlikely to be a sustainable driver of sales.” in an article called Cowen predicts Chipotle shares will drop nearly 20% on weaker than expected sales. This is only one of 9 quotes from Andrew Charles. To see more examples Andrew Charles’s views and opinions, check out the section below. You can filter Andrew Charles's quotes by date and by topic to see, for example, what Andrew Charles said about visibility recently and in the past.
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