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Chipotle Mexican Grill sees positive same-store sales in Q3 after a negative Q2Chipotle Mexican Grill sees positive same-store sales in Q3 after a negative Q2

On Wednesday's earnings call, CEO Brian Niccol announced Q3 saw 8.3% increase in comparable sales with a boost to the digital and delivery segments

Nancy Luna, Senior editor, Nation's Restaurant News

October 21, 2020

1 Min Read
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After experiencing a severe decline in same-store sales in the second-quarter, which reflected the full impact of the pandemic, Chipotle Mexican Grill is back in positive territory.

The Newport Beach, Calif.-based chain reported an 8.3% increase in comparable store sales for the third quarter ended Sept. 30. That compares to a 9.8% decline in same-store sales in the previous quarter, a period when most restaurants remained closed for dine-in orders.

Since the onset of the pandemic in March, Chipotle Mexican Grill has turned to its robust digital channels to boost sales. This quarter, digital sales grew 202.5% and accounted for 48.8% of sales. About half of the digital sales were via delivery.Revenue increased 14.1% to $1.6 billion.

CEO Brian Niccol thanked Chipotle team members for helping the brand execute outstanding third quarter results.

“I have never been more confident that Chipotle is a powerful brand committed to fostering a culture that values and champions our diversity, while leveraging the individual talents of all team members,” NIccol said in a statement. “As a result of a strong brand, committed employees, and broad financial strength, we remain excited about Chipotle's powerful economic model and our long-term potential.”

Contact Nancy at [email protected]

Find her on Twitter: @FastFoodMaven

About the Author

Nancy Luna

Senior editor, Nation's Restaurant News

Nancy Luna is a senior editor at Nation's Restaurant News and a contributing editor at Supermarket News. She covers the industry's largest and most talked about fast-food brands including McDonald's, Starbucks, Chipotle Mexican Grill, Taco Bell, Pizza Hut, KFC and Subway. She is an award-winning journalist with more than 25 years reporting experience. As a veteran business reporter based in Southern California, Nancy has covered some of the country's most beloved food and retail brands including In-N-Out, Taco Bell, Trader Joe's, Aldi, Whole Foods Market, Target and Costco. Luna is a graduate of Cal State Fullerton. When she's not digging for news on her beat, you can find Nancy regaling her fans about her latest dining adventures on her Fast Food Maven social media channels. Contact [email protected]  or follow her on Twitter at https://twitter.com/fastfoodmaven

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