Wednesday, October 23, 2019

Chipotle crushes earnings estimates, says accelerated drive-thru plans may delay some store openings

Chipotle Mexican Grill on Tuesday reported quarterly earnings that topped analysts’ expectations and announced plans to accelerate its introduction of drive-thru lanes, which could slow down its store openings.

Sales at stores open at least a year grew by 11% during the quarter, in its biggest jump in more than two years.. . . more