DENVER New stores, increased customer traffic and higher menu prices helped propel a 22.5-percent surge in Chipotle Mexican Grill Inc.'s second quarter profit, company officials said Wednesday. For the quarter ended June 30, Chipotle earned $24.5 million, or 74 cents per share, compared with $20 million, or 60 cents per share, in the same quarter last year. The results, however, still fell short of analyst expectations for per-share earnings of 75 cents.Revenue for the quarter was ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!