Chipotle's 2016 Financial Statements are now released (April 2016) and are attached below. 2016 was significantly different than prior years. Acting as an analyst explaining this to clients or potential clients please explain what happened financially to Chipotle in 2016 and what has to happen financially in 2017 to rectify the situation. Will positive same store sales comparisons be enough? (as a certain TV Guru professes) What is your opinion and by how much do same store sale have to increase to drive an increase in valuation? These statements can also be found on the Chipotle Investor Relations website.
Chipotle's 2016 Financial Statements-Chipotle 2016 Financial Statements.pdf
Desperately need an answer within 30 minutes.