Chipotle Mexican Grill
5 Questions for Jack Hartung, CFO, Chipotle
“It was kind of too late to pivot if you hadn’t already made the right investments,” Hartung says of adapting to the pandemic.
Chipotle Same-Store Sales Gain Boosts Stock
The 3.3% increase in Q2 beat analysts' estimates as an increase in average check helped offset 1.8% fewer comparable restaurant transactions.
Chipotle Sales Rise 8.8% But Stock Dips 9.5%
The Q3 revenue gain "is not bad per se, but ... it is clear that Chipotle has still not made up all of the ground it lost" after a food-safety scandal.
Chipotle Soothes Investors With Earnings Beat
Amid renewed food safety concerns, the restaurant chain more than doubled profit in Q2 but "the larger story is the soft [sales] growth."