Digital Sales Help Propel Chipotle to Q3 Beats
Chipotle Mexican Grill (NYSE: CMG) released third-quarter figures after market close on Wednesday, and they showed impressive growth in certain line items.
Revenue came in at $1.60 billion, 14% higher on a year-over-year basis. This was on the back of a more than 8% rise in same-restaurant sales. As for profitability, adjusted net income was $107 million ($3.76 per share), down 1% from the corresponding period of 2019.
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Source Fool.com
